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IVA

A review of 2022 complex international insolvency cases – the challenges and how they were addressed

What do the collapse of a major cryptocurrency exchange, Britain’s allegedly biggest-ever personal insolvency and the devastation of one of Russia’s major gold mining businesses by post-Ukraine invasion sanctions have in common? The answer is that in each of these very different international insolvency cases, the subsequent rescue bid has involved Opus Partner, Allister Manson, who was recently named the

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January 20, 2023

Why there’s no real stigma about personal insolvency

With the economic climate as it has been over the last few years, it is no surprise that there are plenty of people struggling with debts. However, there is still too much of a stigma about going into an Individual Voluntary Arrangement (IVA), filing for bankruptcy or taking advantage of one of the many options for re-setting out finances and

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September 28, 2022

Re-calibrating Individual Voluntary Arrangements in the cost of living crisis

The flip side of rampant inflation is how it deflates not just the disposable income available for the basics in life, such as food, energy and transport, but the resources available for individuals to repay past debts through an Individual Voluntary Arrangement (IVA). Almost 160,000 IVAs were started in 2020 and 2021 in England and Wales and a further 42,789

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July 29, 2022

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