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  • Casual Articles - The Government to Allow Easy Access to Individual Voluntary Arrangements (IVA)

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    s hope to make a law that requires only 51% of the lenders who are owed debt
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    The Government has made it clear that it soon hopes to allow easier access to Individual Voluntary Arrangements (IVA), today's number one and fastest growing alternative to insolvency. This plan for an easier to obtain IVA should be in effect within the year according to the latest reports.

    The changes hope to make a law that requires only 51% of the lenders who are owed debt t

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    Individual Voluntary Arrangements (IVA), today's number one and fastest growing alternative to insolvency. This plan for an easier to obtain IVA should be in effect within the year according to the latest reports.

    The changes hope to make a law that requires only 51% of the lenders who are owed debt

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    ing alternative to insolvency. This plan for an easier to obtain IVA should be in effect within the year according to the latest reports.

    The changes hope to make a law that requires only 51% of the lenders who are owed debt

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    e in effect within the year according to the latest reports.

    The changes hope to make a law that requires only 51% of the lenders who are owed debt

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    s hope to make a law that requires only 51% of the lenders who are owed debt to give approval for an IVA. Currently, 75% of the lenders for one's debts must approve for an IVA. This 51% rate would only apply on debts below ?75,000. This new plan would also make it quicker to file an application for an IVA and involve less paperwork.

    In an IVA, the lenders erase part of the mone

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