Apply Debt Consolidation IVA Advice
No Bankruptcy. No loss of Dignity.
An IVA is a form
of debt relief program set up to eliminate personal debt and deal generally
with the growing issue of individual insolvency. Our associates are licenced
to give debt consolidation IVA advice and do so on the basis that Individual
voluntary arrangements were not designed to be one-size-fits-all solutions
to any problem with money, because each individual situation is so different.
The needs of one
person can be vastly different from the needs of the next. Any debt
consolidation IVA advice given must take into account the distinctive
nature of the situation in which people live.
In general an Individual
Voluntary Arrangement will run for sixty months and when this has finished
all debts are discharged from a person's record. During this time none
of the banks or debt collectors are permitted to harass or pursue the
debtor in any way. The IVA carries with it all the benefits of sequestration
and none of the disadvantages.
An IVA writes off
the larger part of your debt at the beginning of the programme (although
be wary of the claims in some advertising: it is rarely more than 60
or 65 percent of total unsecured debt which may be 'written off' in
this way). Any decent IVA advice will make sure you get the best results
with the lowest monthly repayments together with the
highest proportion of debt write-off at the outset.
So fill in the form
below for impartial advice for your own situation.
to a new law brought by the government, IVAs or individual voluntary arrangements
have brought a much kinder way to deal with personal debt. An IVA is an
easy and acceptable substitute for bankruptcy and carries none of the
stigma. It is an excellent way to deal with insolvency or bad debt issues.
Under government rules, a well constituted IVA will write off sixty per
cent (sometimes more than this) of personal debt immediately. Your keen
interest in debt consolidation IVA advice would be rewarded by the transformation
in life brought about by its use.
It is certainly true that
the professional use of debt consolidation IVA advice may help people
reorganise their busy lives and improve things generally. It is a carefully
crafted program devised to help people out of financial difficulty and
ratified by government as part of a series of measures to enhance the
rather harsh insolvency rules that were in place then.
In taking steps to look
into debt consolidation IVA advice you're putting yourself on the track
to financial well being thereby efficiently ensuring a new life for
yourself. Any choices made now will be the start of that process.
Individual voluntary arrangements
are normally set to run for a sixty month term, although in some circumstances
this can be augmented to suit individual needs. North of the border,
where such arrangements are called trust deeds or protected trust deeds,
the term is generally 3 years but in some cases may be for four or five
years. By using both the Individual voluntary arrangement and the trust
deed the debtor client is kept safe from predatory creditors by the
various insolvency laws and all debts are completely and utterly cleared
at the conclusion of the span (however long that may be set to run).