In an IVA how do the creditors get their money and what are IVA dividends?
In an IVA the creditors will be paid a dividend, or percentage of the debt they are owed, at varying points during the arrangement. Your Supervisor distributes funds between the creditors once the Nominees and Supervisors fees have been paid. The monthly payments you make over the course of the arrangement get divided between your creditors so that they all receive the same proportion of the money owed to them.
