What does IVA stand for?

Individual Voluntary Arrangement

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

Individual voluntary arrangements - known as IVAs - often fail and become extended and painful bankruptcies.

Letter: Mailbag - Genuine help for financial problems

The Government's Insolvency Service was likely to show this morning that 110,000 people either went bankrupt or took out an Individual Voluntary Arrangement (IVA) last year - up from 107,000 in 2006.

Failures are on the rise

Also, new rules governing individual voluntary arrangements (IVAs), are tippedto spark a surge in individual insolvencies.

Bankruptcies are set to soar in 2008

An Individual Voluntary Arrangement is an agreement between you and your unsecured creditors, whereby you pay an agreed and affordable sum of money each month, usually for five years.

IVAs and the facts

The rest took out Individual Voluntary Arrangements which allow for some of the debt to be written off.

RECORD 113K NOW BROKE

Lloyds said the rate of growth in bankruptcies had shown some early signs of moderating, but that the number of individual voluntary arrangements (IVAs) continued to increase.

Bank 'on course'

The figure consisted of 9, 803 bankruptcies - where creditors force people into bankruptcy - and 3, 210 individual voluntary arrangements, where people declare themselves bankrupt.

Bankruptcies hit new high

In England and Wales 21,607 people became bankrupt or entered into an individual voluntary arrangement in the first half of this year, the highest half yearly figures in over 40 years.

BUSINESS LIFE: More go insolvent as debts leap up