IVA Proposal Document
 
The IVA Proposal Document is a summary of the main details of a Debtor�s Statement of Affairs?. It includes details about the debtor�s Creditors, Assets, Income and Expenditure.

However, it goes one step further than the Statement of Affairs. It also includes a proposal to the Creditors detailing how much money they are likely to receive back if they accept an IVA and what will happen to the Debtors Assets (house, savings etc) during the IVA.

The IVA Proposal must be drafted by an Insolvency Practitioner and signed by the Debtor. A copy of the document can then be posted to all Creditors for their consideration.
 
     

Most Frequently Asked Questions about IVA
What is an IVA?What is an IVA?
Pros and Cons of an IVAPros and Cons of an IVA
I do Qualify for an IVA - but is it better than bankruptcy?I do Qualify for an IVA - but is it better than bankruptcy?
What is an IVA going to cost?What is an IVA going to cost?
What is the IVA process like?What is the IVA process like?
Click here to read more FAQ about IVA
For more information see:
IVA calculator
 

 

 
Action Bar

IVA help ForumThe IVA Forum: Top 30 Hot Topics
 
Active Topics on IVA Forum
Post of the Month (by: Foggy)
Annual review (by: loislane)
<t>Mortgage and clearing my IVA</t> (by: tracy376)
<t>Can I apply for credit?</t> (by: venet)
IVA and pension contribution (by: alex1982)
<t>Frozen bank account</t> (by: The Mollymoo06)
Payment?? (by: superted)
<t>Can I take a payment holiday from my IVA?</t> (by: avril649)
DFD Apature (by: spire20)
Unknown bank giro credit (by: Jo.c89)
<t>DRO anyone?</t> (by: natalie446)
<t>Very worried</t> (by: arnie)
Inheritance (by: spire20)
I am really thankful for all that was shared here. (by: BobbyNob)
<t>Can I take my pension after being discharged from bankruptcy?</t> (by: milly957)
Aperture Issues! (by: lancerpaul)
<t>Full &amp; Final offer</t> (by: gemma685)
Final Settlement (by: superted)
<t>Second IVA</t> (by: dave354)
<t>Do the IP need us to do another IVA extension if we still can't release equity?</t> (by: Jemrout1234)
Should I tell creditfix about not paying nursery fees this month? (by: Jo.c89)
<t>Considering an iva</t> (by: claire618)
Full And Final (by: Mxlee8)
Final Iva review (by: T9UPS)
<t>Subrogation rule</t> (by: Star_Chicken)
Reviving old threads (by: Foggy)
<t>What more can we do?</t> (by: julie690)
Unsure what to do (by: Jessie91)
<t>Unity Corporation or other help?</t> (by: lusi)
Coronavirus job retention scheme (by: Colin351973)
Forum BrowseForum JoinForum Search

Free Debt Guides
FREE useful guides!




Debtor (you) Debt Collectors (or Bailiffs) Judge/Law Creditors (or loan sharks)Insolvency Practitioners  (aka IPs) (or wise owls!) IVA Advisors