An interim order helps to protect the consumer during the early stages of an IVA (individual voluntary arrangement). The effect of the court granted order are:

• no creditor can try and make the person bankruptcy;
• no landlord may exercise any right of forfeiture by peacable re-entry;
• no court proceedings or other enforcement action (including levy of distress) may be commenced or continued against the person or his/her property without the permission of the court.

Tags: bankruptcy, court proceedings, creditor, forfeiture, individual voluntary arrangement, landlord, levy

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