The term IVA stands for Individual Voluntary Arrangement. IVAs are available in England and Wales and can stop creditors from starting bankruptcy proceedings and potentially write-off a proportion of your overall debt.
Read More..A Trust Deed is a legally binding voluntary arrangement to allow consumers to write-off a proportion of their debt and avoid bankruptcy. A Trust Deed is only available in Scotland and is regulated under The Bankruptcy Scotland Act 1985.
Read More..