Is an Individual Voluntary Arrangement (IVA) an option if you are a sole trader?
Having recently written a blog on the success of a Company Voluntary Arrangement (CVA), my thoughts turned to their personal counterpart, an Individual Voluntary Arrangement (IVA).
When a sole trader encounters financial difficulty, losing business assets and income generated by ongoing trading are not the only risks; personal assets are also exposed to creditors.
Read the full article on our sister site, Cashsolv to see why the Individual Voluntary Arrangement (IVA) was successful for a sole trader.
By Suzy Franklin
published this on
Sunday, 14th September 2014 in:
News,
Opinions,
Services,
Business recovery,
Voluntary arrangements,
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