Individual Voluntary Agreements are administered by Insolvency Practitioners and as with any service provider some are better than others. Often, people choose to speak to an IVA arrangement company which will asses your situation and recommend the best I.P. For your situation which raises another problem. How to find a good IVA arrangement company?

As with any service provider your best option is to speak with family and friends to see if anyone is in a similar situation to yours and can recommend the IVA company they worked with. Even if you are uncomfortable revealing your situation to your family remember that the loss of pride is not going to hurt you as much as losing a lot of money because you made the wrong choice.

Another option open to you is to use the Internet and attempt to find honest reviews of the various IVA companies on the market. However, there are some tips that can help you judge if the IVA company is a good fit for you or not.

1. Nothing in life is certain except death and taxes so be leery of a company that guarantees you your IVA will go through and without a hitch. The only IVA that is absolutely certain is the one that has already been signed by all the involved parties.
   
2. Avoid companies who charge for doing your paperwork. There are companies who will do this for you for free and a company that charges makes one wonder about their success rate if they have to charge to do your paperwork.
   
3. If your IVA company doesn’t seem to be looking to thoroughly at your particular situation and hasn’t given you many options then maybe you should get a second opinion from a company who is focused on you and not applying a cookie cutter solution that is  not applicable to you.

These are just a few ideas to help you on your way to finding an IVA arrangement company that will handle your case with the highest degree of professionalism. After all, you are paying for their services so you deserve the best. Don’t feel guilty or embarrassed about your situation and allow yourself to be badgered into something that feels uncomfortable because, remember that without  you these companies would be out of business.