an IVA is just that an individual voluntary arrangement. The dividend of everyone differs and some people pay 100p in the £ back and others not so much. When the best offer is out there and you have the guidance of a good IP then creditors can agree. Dividends can increase or decrease in the duration of the IVA due to circumstances we hadn't planned.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
A good dividend in the eyes of creditors, is one that sees the debtor repay as much as they can, to the best of their ability, over a realistic timescale - usually five years. We recently got an IVA accepted at 3p in the £ - unusual circumstances, but still possible, similarly we have had cases where our clients have repaid 100p in the £.
