Entries from January 2010

What is an Individual Voluntary Arrangement?

Date January 20, 2010

If you live in the United States, chances are you have never heard of the term Individual Voluntary Arrangement, which is often referred to as an “IVA.” This term represents Britain’s answer to Chapter 13 bankruptcy. Much like a chapter 13 bankruptcy, you don’t relinquish your debts, but you do come up with a plan [...]