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It’s that time of year when failure rates for IVAs are published for 2022, and surprisingly, there isn’t much discussion surrounding them! The recent statistics released by The Insolvency Service unveil several noteworthy insights including: And termination rates: How does this compare to IVAorg? Before delving into comparisons, it’s crucial to note that various factors contribute to …
Selecting an Insolvency Practitioner to prepare your IVA can be a tricky business. Well, IVAorg are IVA specialists and, therefore, well positioned to help you make that choice. From our very first involvement, our sole aim is to ensure that your IVA reaches a successful conclusion, giving you the very best chances of achieving your goal of …
If an IVA isn’t the right solution for a customer, whether they can’t meet their repayments or they didn’t want to be in it anyway, it’s likely they’ll fail.
The proposal contains a complete assessment of the personal and financial circumstances of the applicant, laid out for the creditors to consider.
Background There has been a substantial increase in the number of IVAs being entered into over the past 6 years, largely as a result of changes in the regulatory landscape. In April 2014, the Financial Conduct Authority (FCA) were tasked with introducing stringent regulations into some previously unregulated areas within the debt management sector, when …
Talk to the not for profit IVA specialists now 0800 856 8569