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
<t>IVA company has changed hands</t> (by: Helen.k)
<t>Bounce back loan?</t> (by: carmen401)
<t>Citizenship application</t> (by: viktor)
Pay rise and final review (by: Rejjy666)
<t>Small pay day loan?</t> (by: david395)
Credit Score (by: falrow1974)
<t>%offer that is acceptable to settle an iva?</t> (by: sean732)
<t>Can one arrange buy out fee fee for an iva?</t> (by: fay)
<t>Continue paying loans?</t> (by: stacey143)
<t>Full and Final offer</t> (by: sam895)
<t>Meaning of extension</t> (by: gerald443)
<t>6 months extra!!</t> (by: april)
HMRC Claim (by: JustPlainStupid)
Mortgage advice post IVA (by: cowpie)
Redundancy/Final Year (by: sosilly)
<t>Full &amp; Final and joint mortgage</t> (by: Patsieg)
<t>Considering a DRO</t> (by: HollyMex)
<t>Can I go for an IVA again?</t> (by: brian538)
<t>Car problems</t> (by: lindsey962)
New job? (by: Rm555)
Relaxed Covid / IVA rules -- Update (by: Foggy)
<t>Car write off check</t> (by: brittneywood)
<t>6 months based on furloughed pay</t> (by: michael249)
<t>Do phone contracts have to be included in an IVA?</t> (by: kelly202)
f&amp;f accepted today!! (by: RunnerffirG)
<t>Discounted lump sum offer</t> (by: claire146)
<t>Help with liability insurance</t> (by: Susandv20)
Mortgage -so near and yet so far....... (by: iva1966)
Iva bank (by: Lahoretiger)
<t>Full and Final payment</t> (by: Enkhbat)
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