Insolvency Service investigation highlights poor practice in the IVA market 

Latest research commissioned by the Insolvency Service has shown evidence of poor practice among providers of Individual Voluntary Arrangements (IVA). Individual Voluntary Arrangements (IVAs) are a legally binding agreement between a person who is insolvent and their creditors. They are administered by licensed Insolvency Practitioners, usually last for between five and six years, and give…

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