IVA Debts - Individual Voluntary Arrangement
An IVA can clear your personal debts. The IVA process.
1. An IP or Insolvency Practitioner is appointed
2. Your creditors are contacted
3. Your creditors approve the IVA
4. Your IVA begins
5. Usually after 5 years your debts are cleared
The first step is for us to understand your debt situation. For this we require you to complete our FREE Assessment Quotation
Debt Busters, if appropriate, we will help you to maximise your income and make some economies in your monthly expenditure while negotiating with your creditors so that you can become debt free of your personal debt.
To help with your financial debt we will describe to you – in plain English – both the advantages and disadvantages of each debt management solution or an IVA if you qualify along with the expected outcome for your debt freedom.
After we have advised your IVA debt options, we will leave you to decide which option you wish to choose.
We will be open at all times during our discussions with you, making sure you know the basis upon which we charge for our services and the likely total cost of any service we may provide you with.
This initial service is FREE, without obligation and all the information that you give us is confidential. |
