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Independent Debt Consolidation IVA Quote Today for Free
No Bankruptcy. No loss of Dignity.
An IVA is a form
of debt management programme set up to try to eliminate personal debt
and to deal with the growing issue of individual insolvency. Our clients
are licenced to give debt consolidation IVA help on the basis of the
fact that Individual voluntary arrangements are never designed to be
one-size-fits-all solutions to any money problem, because each individual
situation is different.
The needs of one
household can be very different from the needs of another person. Any
debt consolidation IVA help given must thus take into account the diverse
nature of the situation in which people live.
In general an IVA
will be set to run for five years (sometimes less) and when this is
complete all the debts are cleared from the credit history. During this
time creditors are not permitted to harass the debtor in any way. The
IVA has all the benefits of bankruptcy while having none of the disadvantages.
An IVA writes off
the larger part of a person's debt at the start of the plan (although
beware of the exaggerated claims made in some advertising: it is seldom
much more than 60 or 65 per cent of total unsecured debt which can be
cancelled). All good debt consolidation IVA help of this nature will
make sure that you get the best results with the lowest repayment
options together with the greatest percentage of debt
So complete the
form for impartial IVA advice which is right for your own personal situation.
laws ratified by H.M. Government, Individual voluntary arrangements have
allowed personal debt to be much easier to deal with than in the past.
An Individual voluntary arrangement is an acceptable and easy alternative
to going bankrupt and carries none of the stigma. It is an excellent way
to deal with insolvency or bad debt issues. In accordance with government
rules, a well constituted IVA will write off up to sixty percent (occasionally
more) of your personal debt immediately. Your keen interest in debt consolidation
IVA help would be well rewarded by the improvement in life quality brought
about by its application.
In finding out about debt
consolidation IVA help you are putting yourself on the road to personal
probity thereby efficiently ensuring a new beginning. Choices made now
will begin the transformation.
IVAs or individual voluntary
arrangements are usually configured to run for a 5 year span, although
in some circumstances it may be adjusted to suit personal needs. In
Scotland, where such arrangements are called trust deeds or protected
trust deeds, the term is generally three years but in some instances
may be for four or five years. With both the Individual voluntary arrangement
and the protected trust deed the debtor client is safeguarded from predatory
creditors by the law and all debts are completely and utterly cleared
at the completion of the period (however long that may be).
It is certainly true that
the careful use of debt consolidation IVA help may well help people
reorganise their busy lives and improve their overall sense of well
being. It is a carefully structured plan devised to help people like
you and me out of financial difficulties and ratified by government
and designed to complement the then rather harsh individual insolvency
rules that were in place largely since the previous century.