The Supervisor is an insolvency practitioner that is appointed to supervise a Voluntary Arrangement when an individual or company enter into such an arrangement. He or she ensures that the Individual Voluntary Arrangement IVA or company voluntary arrangement CVA contributions are made as and when they are due and deals with any problems that occur. If monthly contributions are not made, the voluntary arrangement will fail, and could result in compulsory liquidation (for a company) or bankruptcy (for an individual).T
