UK I.V.A. Vs. UK Bankruptcy

Any competent UK Insolvency Practitioner will strongly consider advising a client to do an IVA. We have had a number of clients who have been successful with UK IVA applications. We have had clients who have done "lump sum" schemes and "income type" schemes.

Having said the above, there is now much less reason for Irish people to travel to the UK to do IVA's given that the Personal Insolvency Act 2012 is finally effective, and that they may be able to do PIAs or DSAs.

Jim Stafford
 
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