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</html><description>[vc_row type=&#x201D;container&#x201D; padding_top=&#x201D;&#x201D; padding_bottom=&#x201D;&#x201D; css=&#x201D;.vc_custom_1444503317323{margin-top: 10px !important;margin-bottom: 0px !important;}&#x201D;][vc_column][vc_separator color=&#x201D;#e2e2e2&#x2033; type=&#x201D;normal&#x201D; thickness=&#x201D;1&#x2033; up=&#x201D;&#x201D; down=&#x201D;&#x201D; el_class=&#x201D;dotted&#x201D;][vc_column_text] IVA (Individual Voluntary Arrangements) &nbsp; The basis of IVA lies in section 20 of the Bankruptcy Ordinance, Cap 6. This section provides an alternative to debtors who are on the verge of bankruptcy. After the repayment proposal is approved, the [&hellip;]</description></oembed>
