IVA Advice
IVA Advice
IVA advice could help you decide whether an IVA is right for you or not. If you owe more than £15,000 and can afford to pay off £200 a month for the next five years, you could be eligible for an IVA which could, in turn, result in 65 per cent of your debts being written off. IVA advice could help you to decide whether such drastic action is needed to solve your debt problems. An IVA is usually only a last resort, for example if you are struggling to meet repayments and your creditors are putting pressure on you for money. IVA advice can help you make decisions such as:
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Whether you want an IVA on your credit record for the next six years
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Whether you want to be tied to something for at least five years
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Whether you want somebody to scrutinise every aspect of your finances to decide how much you should pay back
If you are thinking about applying for an IVA, advice is essential. We can put you in touch with a specialist IVA advisor who will be able to help you make decisions and guide you through the IVA process. See below for more information on how to get IVA advice.
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