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A voluntary arrangement is the name given to an official Government scheme that is a bit like going bankrupt, but without actually going bankrupt.
There are broadly speaking two different sorts, the individual voluntary arrangement (IVA), and the company voluntary arrangement (CVA).
We can give you detailed advice about the possibility of entering into a voluntary arrangement, or if somebody owes you money and they are proposing to enter into a voluntary arrangement we can give you detailed advice about your rights in relation to that.