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What is an IVA? - Knowledgebase / Encyclopedia of screening terms - Eurocom Support

What is an IVA?

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  • Ramya Sehmi

An IVA (Individual Voluntary Arrangement) is a formal agreement with creditors to pay back debts over a set period, typically 5 to 6 years. IVAs appear on credit checks and remain on record for six years from the start date. 

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