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The IVA was introduced under the Insolvency Act 1986 as an alternative to bankruptcy. Call 0800 018 6081 FREE or apply onlineAn IVA is often seen as preferable to bankruptcy as it doesn’t carry the same stigma and allows the debtor to continue in business without restriction. Employers, landlords etc are not informed if you enter into an IVA providing they are not among your creditors. In 2005, there were over 20,000 IVAs registered in the United Kingdom. In the third quarter of 2006, 12,228 IVAs were registered, which represented an increase of 9.8% on the previous quarter and an increase of 117.9% on the corresponding quarter of the previous year. Call us now or click below to be Debt Free in 60 Months. 
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