 |
IVA |
 |
IVAs
or An Individual Voluntary Arrangement sometimes
referred to as a Voluntary Arrangement were introduced as a result
of the Insolvency Act of 1986. IVA help is said to be one of the best
alternative to bankruptcy. The process involves agreeing with all
your creditors to make a single monthly payment that you can easily
afford. IVAs usually last for up to 60 months during which time you
will not accrue any further interest or charges.
more>
We are a debt management
company specialising in helping people out who are in what they consider
to be the worst case financial scenario and as such can offer an unrivalled
level of support and guidance throughout the whole process of setting
up an IVA that is mutually beneficial both to the person in
debt and their creditors simultaneously.
Our IVA financial help advisers are experts
where Individual Voluntary Arrangements are concerned and will assist
you at every step along the way enabling you to draw up a repayment
plan that is both acceptable and realistically affordable depending
on your assets and disposable income.
|
|
Once your IVA is in place and you have appointed the services of a legitimate
insolvency practitioner
to take responsibility of your financial proposition then your creditors,
provided they accept your offer, will be legally bound to accept the agreed
payments without any persistent or further harassment on their part so
long as you honour the arrangement in full.
|
|
