Apply Debt Reduction IVA Service
No Bankruptcy. No loss of Dignity.
An IVA (Individual Voluntary Arrangement) is a debt management programme
set up by H. M. Government to deal with personal debt and deal generally
with the growing issue of personal insolvency. Our associates are licenced
to provide a debt reduction IVA service on the understanding that IVAs
are not one-size-fits-all fixes to any financial problem, as each person's
situation is so different.
The needs of one person can vary greatly from the needs
of the next. Any IVA advice given must thus take into account the diversity
of the situation in which people find themselves.
Generally an Individual Voluntary Arrangement will be
set to run for sixty months (sometimes less) and after this all the
debts are cleared from a person's credit profile. During this time creditors
are not permitted to harass or pursue the debtor. The IVA carries with
it all the benefits of sequestration while having none of the drawbacks.
A good debt reduction IVA service will write off most
of a person's debt at the beginning of the programme (although beware
of the exaggerated claims made in some circles: it is seldom more than
60 or 65% of unsecured debt which can be 'written off' in this way).
All good IVA advice of this sort will ensure you get the optimum results
with the lowest monthly repayments together with the highest proportion
of debt written off at the outset.
So complete the application form for impartial advice
which is right for your own personal circumstances.
Under recent laws ratified by H.M. Government,
individual voluntary arrangements (IVAs) have brought a much kinder way
to deal with personal debt. An individual voluntary arrangement is an
acceptable and easy alternative to going bankrupt and has none of the
shame or stigma attached. It is an excellent way to deal with insolvency
or bad debt issues. Following the new law, a well conducted IVA will write
off up to 60 percent (sometimes more) of your debt immediately. Your keen
interest in a debt reduction IVA service would be well rewarded by the
enhancement enabled by its use.
It is certainly the case that use of a debt reduction IVA service
may help folk reorganise their lives and improve things generally. It
is a diligently crafted program devised to get people like you and me
out of their financial difficulty and ratified by h. m. government in
the mid 1980s and designed to ease the existing relatively harsh individual
insolvency rules that existed largely since the previous century.
By taking steps to look into a debt reduction IVA service you are
setting yourself on the sure road to personal financial security and
so efficiently ensuring a new life for yourself. Choices made now will
be the start of that process.
IVAs or individual voluntary arrangements are normally drawn up to
run over a 5 year term, though sometimes this can be adapted at its
inception to match with personal specifications. North of the border,
where such arrangements are called protected trust deeds, the period
is usually three years but may be 4 or 5 years. In both the Individual
voluntary arrangement and the protected trust deed the client is defended
from aggressive creditors by the terms of the agreement and their debts
are fully and absolutely removed at the conclusion of the span.