Iva Apply

IVA Apply

All the Help and advice you need to apply for an IVA is here

With Iva Apply what do I need to do ?

All you need to do is fill in the form on the right hand side, and one of our experienced team will call you to discuss how Iva Apply can help you become debt free in 60 months and you can make a fresh start now and forever with Iva Apply.

Not many people know that that legislation was introduced in 1986 which allowed debtors to have the right to tell their unsecured creditors that they would derive no benefit from them demanding monies from them that was not available. It might sound very strange, but your creditors will want to help you all they can.

With most debts it is usually the horrendous interest charges which prevent a sizeable chunk of capital from being noticeably paid off your debts. We are able to assist you to legally make a private arrangement with all your creditors which would drastically reduce your debts and cancel the interest charges. Thereby allowing for affordable payments by you every month without having to struggle or receiving any demanding phone call's or letters anymore ! You can find more debt consolidation advice here

What is an IVA?

An IVA (Individual Voluntary Arrangement) is a process set up by the government within the 1986 insolvency act that allows for a person in debt to make a formal arrangement with their creditors without the need to go into full bankruptcy. Some individuals feel that an IVA is more suited to them as opposed to a debt consolidation loan.

Debt Consolidation normally involves getting a loan to consolidate debts, however an IVA can help you if your circumstances are a bit different.

An IVA will enable an individual with debts in excess of £15,000 to make dramatically reduced, affordable monthly payments over a fixed term, usually 5 years.

Once an IVA has been set up and the agreed monthly payment structure is adhered to, there will not be any further worrying demands from creditors and all of the letters and phone calls will stop.

All interest and charges will be frozen during the course of the IVA, and whatever is remaining will be written off at the completion of the IVA.



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