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Personal debts to the Inland Revenue and VAT can also be included but may be treated preferentially within the proposal. Some debts can not be included within an IVA. These will normally secured debts such as a vehicle HP or Mortgage arrears. Other debts such as Rent and Council Tax arrears and fines (such as parking offences) will normally have to be paid and provision for the repayment of these debts will be made separately.

Contacting an Insolvency Practitioner
You can not propose an IVA to your creditors by yourself. By law, you will need the help of an Insolvency

Practitioner or IP for short. For want of a better description, an IP is a special type of accountant who is licensed to carryout negotiations regarding the repayment of your debts with your creditors. There are a number of reputable Insolvency Practitioners. The best thing to do is contact them directly through their web-site. Please click on “Links” for more information.

Will I Have To Pay For This Service?
Insolvency Practitioners do not work for free. However, this does not mean that you will be facing a bill if you want to undertake an IVA. Many Insolvency Practitioners will take their fees from the money that you agree you can afford to pay each month. You will therefore not have to pay more than your agreed monthly payment. In effect, not you, but your creditors are paying the Insolvency Practitioner out of the money you agree to give them throughout the life of your arrangement.
visit : http://www.ivaloanuk.p9.org.uk