IVA Companies
IVA Companies
Many people feel reluctant to get professional debt advice because they either want to forget all about debts, or are afraid they will be charged a high premium for speaking to an expert. But IVA companies can offer free, tailored advice which could help you take the first step towards getting out of debt. Although there are other ways of dealing with debt – for example bankruptcy – the benefits of IVAs include:
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Making a detailed budget of earnings and outgoings with the help of a trained advisor
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Allow IVA companies to contact your creditors on your behalf
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Pay one fixed amount each month which is shared between your creditors
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Have your debts cleared after an agreed period of time – usually five years
IVA companies will not be shocked at the state of your finances so you should not feel embarrassed about asking for help. If you feel like you are struggling to make debt repayments, you should get some no obligation advice. Find out more about IVA companies and get in touch with an advisor by filling in the debt enquiry form and an advisor will be in touch to talk you through your options.