Can you gamble with an IVA? This question often arises among individuals who are under an Individual Voluntary Arrangement （IVA）. An IVA is a formal agreement between a person and their creditors to repay their debts over a set period.
It is important to understand that the terms of an IVA are legally binding, and any breach can have serious consequences. Generally, gambling while in an IVA is considered a breach of the agreement.
However, the specific rules regarding gambling may vary depending on the individual circumstances and the terms of the IVA. It is advisable to consult with a financial advisor or a debt counselor to get a clear understanding of the rules and potential risks. |
