We’re keen to hear from people who have entered into a form of personal insolvency called an individual voluntary arrangement (IVA). These legally binding agreements with creditors let a person pay an agreed monthly amount over a period of usually five or six years. At the end, as long as the agreement hasn’t been broken, any remaining debts are written off.
We want to hear from those who have got an IVA with or without a debt management company. A debt management company tends to be more expensive because they charge a fee on top of the insolvency practitioner’s fees.
We would also like to hear from those who work arranging IVAs about how it works.
Share your experience
You can share your experiences with an IVA using the form below.
Your responses, which can be anonymous, are secure as the form is encrypted and only the Guardian has access to your contributions. We will only use the data you provide us for the purpose of the feature and we will delete any personal data when we no longer require it for this purpose. For true anonymity please use our SecureDrop service instead.
