Countless debtors have found a debt solution through an Individual Voluntary Arrangement. An Individual Voluntary Arrangement or IVA is a formal agreement between a debtor and his or her creditors. An IVA states that the concerned debtor has to pay back his or her unsecured debts within a definite period. The benefit of an IVA…
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An Individual Voluntary Arrangement (IVA) is meant for clearing individual debts only. However, you might find yourself in a situation where both you and your spouse are in debt. You might want to get an IVA jointly with your partner in such cases. But, you must know a few things about this arrangement before proceeding….
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An Individual Voluntary Arrangement, usually known as an IVA settlement plan, is a reliable debt solution where you have to agree to pay back what you can afford every month towards your debts that usually last for five to six years. Well, the solution can only be applicable to people staying in Wales, England, &…
If you’re in the last few payments of your Individual Voluntary Agreement, you’ll be looking forward to making the last one. This might feel a lot like getting to the completing line of a marathon… However, when should you cancel the standing order? And how long does it take to get the Ultimate certificate? And when…
If you are currently considering an individual voluntary arrangement to handle all your debt, today’s guide aims to answer, as comprehensively as possible, all the major aspects including the pros and cons of apply for IVA you will require to know. What are the IVA Pros and Cons UK? An IVA is a settlement agreement…
