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IVA answers the IVA specialists, Individual voluntary arrangements explained
 
   

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If you are experiencing serious debt problems then an Individual Voluntary Arrangement (IVA) may be the most appropriate solution for you. It is a formal arrangement with your creditors and has the following benefits:-

With an IVA
  • Your home is protected from further action by creditors
  • You can repay your debt in affordable monthly instalments
  • Your creditors cannot charge any further interest and charges ..and with your creditors' agreement you can write off a proportion of your debt.

If an IVA is appropriate, it can be tailored to suit your circumstances as outlined in the IVA explained.

Individual Voluntary Arrangement (IVA) Explained
An IVA is a legally binding arrangement with your creditors which allows you to repay your debts in affordable monthly payments over a fixed period of time, usually five years…

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Self Employed IVA
Operating a self employed business is stressful especially if you have debt problems. Debts can accumulate for a range of reasons…

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Full and Final Settlement
A Full and Final settlement IVA is a legally binding arrangement with your creditors which allows you to repay a proportion of your debt in a one off lump sum payment…

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