It protects future wages. Wages acquired after your bankruptcy filing aren’t considered “assets on the bankruptcy estate,” which means your long run earnings cannot be garnished to repay creditors for any discharged debt. An IVA is often a lawfully binding agreement using your creditors – the individuals or organisations to https://insolvencypractitionernea59370.pages10.com/little-known-facts-about-phoenix-insolvency-63556851