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The Simple Consumer IVA Protocol

The protocol was discussed and finalised at the IVA Standing Committee meeting on 30 November 2007. The agreed protocol can be accessed by clicking here and there are links to the annexes below. The protocol is available for use from 1 February 2008.

The Insolvency Service would like to thank all those who have attended Standing Committee meetings and the many others who have contributed to the development of this protocol.  

Annexes:

Annex 1 - BBA open letter to The Insolvency Service

Annex 2 - Regulatory Framework

Annex 3 - Terms of Reference of the Standing Committee

Annex 4 - Standard Terms and Conditions (STC)  

Annex 5 - Standard front sheet

The presenters at the Forum have given permission for their PowerPoint slides to be displayed on this website and they can accessed using the following links.

Allison Broad - Peter Joyce ICAEW-IPA

David Mond - DRF

Eric Leenders - BBA

Jan Smith CCCS - advice sector

Tix

Vicky Bagnall - INSS

 

Review criteria

The IVA Standing Committee has agreed that the protocol should be reviewed three months after commencement. In order to assist in that review the Committee agreed six specific areas for review and the list can be accessed by clicking here.

There are two monitoring review forms – one details information about proof of debt forms provided more than four months after the date of the meeting of creditors and it can be annexed here

The second form covers the other areas under review and can be annexed here

Once completed the forms are to be sent, using IVA Review in the subject box to Insolvency.Reform@insolvency.gsi.gov.uk

 

INSOLVENCY PRACTITIONERS PLEASE NOTE

If your licensing body has agreed to collate this information then you can to them and you do not need to send it to the Insolvency Service