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IVAnoun Short for individual voluntary arrangement. economists expect an increase in IVAs when interest rates go up...- CCJs, IVAs, bankruptcy, defaults, missed payments etc are not any longer aiming to limit your approval for finance.
- If you are also thinking in the same way then you may go to prepare a new IVA plan for repayment of your loans.
- A borrower can enter into an IVA against the wishes of the bank and much of his/her debt to the bank must be written off.
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