My IVA has not been approved

What are my options if my IVA is not approved?

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If people you owe money to don't agree the terms of your proposal then we will consider the options available to you.



This could include

  • Re-considering the terms of the IVA proposal and whether any aspects can be changed to reflect concerns of people you owe money to;
  • An informal arrangement with people you owe money to;
  • A debt management agreement; and
  • Bankruptcy


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