Individual voluntary arrangements

Individual voluntary arrangements guidance:

Coronavirus (COVID-19) This content contains guidance on subjects impacted by the Coronavirus Act 2020 and related changes to court procedures and processes as a result...

Practice Note

Note This table provides a summary of individual personal and debt management processes from a dispute resolution perspective. Name of processNature of processEffect on...

Practice Note

Creditors’ decision procedure General It is the creditors who decided whether, and if so to what extent, the individual or corporate debtor’s proposal should be accepted....

Practice Note

In the matter of the insolvency act 1986 And in the matter of [Insert debtor's name] [Insert name of county court hearing centre] county court hearing centre NO. [INSERT...

Precedents

Effect of IVA on unsecured creditors The effect of the approval of an individual voluntary arrangement (IVA) is set out in section 260(2) of the Insolvency Act 1986 (IA...

Practice Note

Produced in partnership with Paul Allen of FRP Advisory LLP Introduction I [insert debtor's name] wish to give my creditors the opportunity of considering an Individual...

Precedents

Duration of an individual voluntary arrangement An individual voluntary arrangement (IVA) is an agreement entered into between an individual and their creditors under the...

Practice Note

Nature of an individual voluntary arrangement An individual voluntary arrangement (IVA) is an agreement entered into between an individual and their creditors (and...

Practice Note

Coronavirus (COVID-19) This content contains guidance on subjects impacted by the Coronavirus Act 2020 and related changes to court procedures and processes as a result...

Practice Note

This Practice Note contains a summary of individual voluntary arrangements (IVAs) and their impact on legal proceedings from a dispute resolution perspective. Coronavirus...

Practice Note

Who is the nominee/supervisor and what is their role in the individual voluntary arrangement? The nominee and the supervisor are key individuals in an IVA. They are often...

Practice Note

The gap in the insolvency legislation It is a striking gap in the drafting of the insolvency legislation that the effects of the making of a bankruptcy order on an...

Practice Note

ARCHIVED: This Practice Note has been archived and is not maintained. The Insolvency (England and Wales) Rules 2016, SI 2016/1024 (IR 2016) were laid before Parliament on...

Practice Note

This Practice Note has been archived and is not maintained. The Insolvency (England and Wales) Rules 2016, SI 2016/1024 (IR 2016) were laid before Parliament on 25...

Practice Note

The debtor’s proposal for an IVA The process for entering into an IVA begins with the debtor’s proposal. In practice, this will be formulated by the debtor in...

Practice Note
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