Services
At What Is IVA, you can avail of the following services:
Individual Voluntary Arrangement
An Individual Voluntary Arrangement or IVA is the ideal solution for people who have incurred huge debts of about £15,000 from more than two lenders. With an IVA, debtors can pay off pending loans through single monthly instalments over a period of 5 years.
IVA Advice
Debtors can assess if an IVA is the appropriate solution for their debt problems through IVA advice. It is an essential service for people who are considering an IVA for getting out of debt.
IVA Help
IVA help enables people to legally set themselves free of long-standing loans. An IVA is a legal agreement which is binding on the lenders and also the debtors.
IVA Solution
IVA solution is a less restrictive option than bankruptcy. It is a private agreement between the debtor and his creditor. Unlike bankruptcy, an IVA is not advertised in newspapers.
Debt IVA
Debt IVA can rescue people who are on the brink of bankruptcy or are considering filing for bankruptcy. Debtors can write off a considerable percentage of debts with an IVA.