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IVAs
If you have a serious unsecured debt problem, with debts over £10,000 and are unable to meet your monthly repayments, an IVA could be the best option for you.
An IVA is the only affordable solution that can legally write off part of your debt and will leave you Debt FREE. Every other debt solution, excluding bankruptcy, will INCREASE YOUR DEBT. Only an IVA can solve your problem.
IVA Benefits
- One lower monthly payment
- Interest and charges stop, so your debt cannot increase.
- You won’t lose your home.
- Write off a substantial amount of your debt with an IVA
- No more creditor calls or letters
- You only pay back what you can afford
An Individual Voluntary Agreement (IVA) is an agreement between you and your creditors, to pay an amount that you can afford each month, allowing your assets, such as your home, to be protected. Typically, the duration of your IVA is 60 months, and on completion, whatever debt you have left is written off, leaving you DEBT FREE.
By law, only Insolvency Practitioners are allowed to propose and manage an IVA. Therefore you are certain of professional, expert and impartial advice, giving you real peace of mind.
