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Terms Required For IVA Process

Terms Required For IVA Process

Submitted by • July 20, 2012

IVA is a federal option to clear debts based on legal agreement between creditor and debtor that completes in maximum of five years period. It is necessary to meet with some necessary terms to qualify for IVA process. Creditors vote is necessary to start IVA process. It is an alternative to bankruptcy.

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