Gary Foss


Gary's latest writings
Lump Sum IVA Process

IVA stands for Individual Voluntary Arrangement . It is a government-backed scheme that allows people who are incapable of meeting their debt repayment in full to pay back a reduced amount. IVAs are only open to UK inhabitants excluding Scotland. For Scotland see Protected Trust Deeds. A Lump Sum IVA is a specific type of IVA. The criteria for an Lump Sum IVA is the same as a regular IVA: You must have a debt that is over 15... (posted by Gary 3 years 132 days ago.)