Individual Voluntary Arrangements

If you are facing severe financial difficulties and cannot pay your liabilities then our Insolvency and Debt Recovery team can provide straightforward and practical guidance.

The advice we give is low cost and addresses the options available to you in order to sort out your financial problems, where that is possible. We can, where appropriate, provide advice on the considerations of an Individual Voluntary Arrangement and have connections with the right professional advisers to assist in achieving that goal.

Individual Voluntary Arrangements and Insolvency Practitioners

The decision to consider whether an Individual Voluntary Arrangement is right for you (IVA) depends much upon whether you have a sustainable income to satisfy the regular monthly payments required under an IVA.  We can put you in contact with an Insolvency Practitioner who can advise on the requirements of an IVA and whether there is an arguable case to put before your creditors.

For those who are suffering financial difficulties, resolving their issues can often seem like an extremely difficult and complex. The right legal advice can often provide a straightforward solution, although you remain the person most likely able to provide the information to resolve the problems and early legal guidance is vital to ensure that all available options can be explored and considered.

We can advise you on:

  • the circumstances concerning the debtors position.
  • the most appropriate path to resolving the financial position.
  • an insolvency practitioner to advise in relation to the Individual Voluntary Arrangement
  • the financial implications of going into an Individual Voluntary Arrangement.

Why choose Furley Page for advice about IVAs

Insolvency and bankruptcy is a highly specialist area of legal work, with very few lawyers possessing the necessary breadth of experience. We can deliver practical, effective and meaningful advice.

Our qualified solicitors have an unprecedented level of experience in this area and our extensive expertise can assist you with your problems and provide you with a cost-effective solution.

 

How can we help you

Call us on

0333 331 9877

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Key Contacts

Natasha Biggs

Associate