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I may need an individual
voluntary arrangement
Good you have made a decision; it may or may not be
the right one so let's look at the issues for this solution.
You will probably need to have more than £20,000
of unsecured debt. You will need a steady income and or some equity in
your house if you own it. If you do not own the home you live in and have
a large amount of debt then you could also consider bankruptcy.
Want to know more about IVA's?
Click here for a quick
guide to IVA's or here for a more detailed
guide.
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