IVA
Would you like to write off up to 75% of your debt and be debt free in 60 months? Using a government debt help scheme this is possible, but, you must owe more than £15000.00 to Credit Card, Loan and other debt companies and be able to pay at least £200.00 a month.
You creditors must accept the IVA terms, if your creditors decline you IVA offer then you must look at other solutions such as Debt Management Plans or Bankruptcy.
An IVA is a legal agreement with your creditors to repay them at a set amount over a set period of time, normally 60 months. Whilst you are in you IVA you creditors will not apply any Interest and Charges to your accounts and at the end of the IVA you will be DEBT FREE.
Useful Links
IVA - Pros & Cons
IVA - Criteria
IVA - Steps
IVA - Alternatives
IVA - Overview
IVA Vs Debt Management Plans
IVA Vs Consolidation
IVA Vs Bankruptcy
IVA - FAQs
IVA - Glossary
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