Types of IVA | IVAs | Debt Solutions

At Debt Solutions the first thing we need to do is discuss your various types of debt and your current circumstances. If we determine that your best debt option is an IVA (Voluntary Arrangement), the rest is pretty straightforward. We will be able to identify what type of IVA is best for you.

There are a few different types of IVA which can be used for different circumstances. Each of these IVAs have been outlined below. Just click on the link to find out further information on each IVA.

1) Single IVA

An IVA application where the debts are in just one name. Click here for more...

2) Joint IVA (Interlocking)

An IVA application where all or some of the debts are in joint names. Click here for more...

3) Lump Sum IVA

An IVA where a lump sum payment is offered to creditors. This type of IVA can last for just 12 months. Click here for more...

4) Assisted IVA

An IVA application where the debts are in just one name but a partner/spouse helps with repayments. Usually used for very large debts where the creditors may not accept. Click here for more...

5) Self Employed/Business/Sole Trader IVA:

An IVA where the applicant has both business and personal debts. Click here for more...

If an none of these types of IVA are your best option, don't worry. There are other Debt Solutions available that could be of benefit to you.