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What happens if only some of my creditors agree?


An IVA is a statutory contract it does not matter if some of your creditors don't agree to the IVA or that some of your creditors simply ignore it.

As long as 75% in value of creditors who vote are in favour of the IVA then all your creditors will be bound by the IVA agreement.

If you would like more specific information relating to your financial position please ask an expert. Or Apply online



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