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An IVA is a solution provided by the government aimed to help UK residents with outstanding debt. u2018IVAu2019 stands for Individual Voluntary Arrangement. An IVA will assist you if you need guidance and parameters in your personal finance. Weu2019ll make the whole process clearer, making sure that you are moving forward towards financial stability and success. For more info visit our website.
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UK Legislated Debt Help mymoneyoffice.co.uk
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Services IVA Debt Management Plan Bankruptcy
IVA A solution for people with over £6000 worth of debt, you must also owe more than one creditor. An IVA is a legally binding agreement which can help write off up to 81% of debts over a 50 – 60 months period.
Debt Management Plan A Debt Management Plan or DMP, is an informal agreement between you and your creditors to pay back lower priority debts, this will reduce your monthly outgoings to an affordable figure each month.
Bankruptcy Debt Relief is a formal solution designed for those who physically cannot repay debts. Bankruptcy is often viewed as the last resort but can be a good solution for those who cannot make any repayments. Bankruptcy
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