Best IVA
Best IVA
If you are looking for the best IVA deal, it may be well worth speaking to one of our trained IVA advisors. Many people are surprised to find that an IVA can actually help write off up to 65% of the customer's debts. Furthermore, the IVA takes into account how much the individual earns and their outgoings before establishing a fixed monthly payment which is split between creditors.
When looking for the best IVA it is worth noting that:
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IVAs are usually only available to those with debts of £15,000 or more
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An IVA must be set up by an insolvency practitioner and is a legally binding declaration
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Your IVA can be altered if your circumstances change
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The agreement has a fixed payment period, usually five years
If you are wondering whether getting an IVA is the best option for you, it may help to speak to a specialist. They can talk you through the application process and discuss any worries you may have as well as helping you to find the best IVA deal for you.