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The Insolvency Service has a plan called the IVA protocol to help people with money troubles and those they owe money to.
The new plan started on 1 July 2025. It has a simple paper to help people understand what an IVA is before they agree to it.
New rules help people know if an IVA is not right. A Debt Relief Order might be better. A person's home should not be part of the IVA.
If an IVA stops, get free help with money problems. The new plan ensures fair advice, clear roles, and understanding for everyone.
The Insolvency Service has a plan called the IVA protocol to help people with money troubles and those they owe money to.
The new plan started on 1 July 2025. It has a simple paper to help people understand what an IVA is before they agree to it.
New rules help people know if an IVA is not right. A Debt Relief Order might be better. A person's home should not be part of the IVA.
If an IVA stops, get free help with money problems. The new plan ensures fair advice, clear roles, and understanding for everyone.