IRRV Alert - week ending 27th February 2021
News
Reports
Individual Voluntary Arrangements Outcomes and Providers 2020 (26 February 2021)
Official Statistics
Individual Voluntary Arrangements Outcomes and Providers 2020
This release shows the outcome status and providers of individual voluntary arrangements registered in England and Wales
From:
Published:
26 February 2021
Documents
Commentary - Individual Voluntary Arrangements Outcomes and Providers 2020
PDF, 364KB, 11 pages
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Data Tables in Excel (xlsx) Format - Individual Voluntary Arrangement Outcomes and Providers 2020
MS Excel Spreadsheet, 78.5KB
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Data Tables in Open Document Spreadsheet (ods) Format - Individual Voluntary Arrangement Outcomes and Providers 2020
ODS, 62.2KB
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Individual Voluntary Arrangement Outcomes and Providers Background Methodology and Quality Document 2020
PDF, 133KB, 5 pages
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Pre-Release Access List - Individual Voluntary Arrangement Outcomes and Providers 2020
PDF, 81.8KB, 1 page
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Details
Whilst Individual Voluntary Arrangements (IVAs) registered between 2012 to 2016 are still ongoing, there is an emerging increasing trend in termination rates for IVAs registered during this time. It is not possible to determine trends for IVAs registered in more recent years as the majority were still ongoing as at 31 December 2020.
However, the percentage of IVAs registered in 2019 that were terminated within one year has decreased to the lowest level since 2014. This partly coincides with the publication of updated guidance for the IVA protocol in April 2020 in response to the coronavirus (COVID-19) pandemic.
Sixteen IVA providers accounted for over 90% of new IVAs registered in 2020.
Published 26 February 2021