Apply Debt Settlement IVA Advice
No Bankruptcy. No loss of Dignity.
An IVA is a debt
relief plan set up by H M Government to deal with personal debt and
deal with the growing issue of personal insolvency. We are
licenced to give debt settlement IVA advice and do so on the understanding
that Individual voluntary arrangements are never designed to be one-size-fits-all
fixes to any money problem, as individual circumstances can vary so
The needs of one
household or one individual can be vastly different from the needs of
the next. Any IVA advice given must thus take into account the unique
nature of the situation in which people live.
In general an Individual
Voluntary Arrangement will run for sixty months (sometimes less) and
when the term is over all debt is discharged from a person's credit
history. During this time none of the banks or debt collectors are allowed
to pursue or harass the debtor. The IVA has the benefits of bankruptcy
while having none of the drawbacks.
An instrument such
as this will write off most of your debt at the beginning of the programme
(although beware of the claims made in some advertising: it is rarely
much more than 60 or 65 per cent of total unsecured debt which may be
cancelled in this way). All good debt settlement IVA advice of this
sort will ensure that you get the best results with the lowest
repayment options together with the highest proportion of debt
written off at the outset.
So complete the
online form below for impartial debt settlement IVA advice which is
right for your own personal circumstances.
It is certainly
true that the careful use of debt settlement IVA advice may help folk
reorganise their busy lives. It is a carefully crafted program designed
to help ordinary people out of financial difficulties and brought in by
the government of the day in the mid 1980s and meant to complement the
existing relatively unforgiving individual insolvency laws that were in
place at that time.
Under recent laws ratified
by H.M. Government, IVAs or individual voluntary arrangements have allowed
personal debt to be much easier to deal with than in the past. An IVA
is an easy and acceptable alternative to bankruptcy and carries none
of the stigma. It is the best way to handle personal insolvency. Following
government rules, a well constituted IVA will immediately write off
60 percent (occasionally more than this) of your debt at a stroke. Your
interest in debt settlement IVA advice should be amply rewarded by the
transformation in quality of life brought about by its use.
By taking steps to look
into debt settlement IVA advice you're putting yourself on the track
to probity thereby efficiently ensuring a new life for yourself. Any
life choices made now will begin this transformation.
individual voluntary arrangements
(IVAs) are usually configured to run for a 60 month term, although it
may be adjusted to fit with personal specifications. In Scotland, where
they are known as protected trust deeds, the term is usually 3 years
but in some instances may be over four or five years. By using both
the individual voluntary arrangement and also the protected trust deed
the debtor client is protected from aggressive creditors by the insolvency
laws and their debts are totally and utterly cleared at the conclusion
of the period (however long that may be).