Debtless... for a new start


	What exactly is an IVA?

	How long will the IVA last?

	Why is IVA better than Bankruptcy?

	How much will the monthly payments be?

	When is the best time to do an IVA?

	I am self-employed. Can I do an IVA and continue trading?

Why is an IVA better than bankruptcy?

It’s an excellent way to partially write off debts.

It means you can be a director or manager in a limited company. You can carry on as a sole trader or start a business.

You can retain your employment. (In bankruptcy some people will lose their jobs).

It’s discreet and not published in local paper like bankruptcy.

Normally the IVA will last 60 months or as long as most loans. In that time you can write off up to 70% of your debts!

Call us now on 0800 195 6762 and we can talk you through the IVA process.

There are lots of things you need to know about an IVA before deciding to use this option, call and we can help you decide.

I don't want to speak to anyone yet!

Well if you just want more information first please read here for short and detailed guides to the IVA mechanism. THEN CALL US!

NB as in bankruptcy your credit rating will suffer for up to 6 years (but you don't really want new credit do you!!) As in bankruptcy IVA requires a fee to be paid. But becuase you stop paying creditors these fees are recovered from the monthly paument you make to the IVA "pot". So in effect the single payment for 60 months covers the fee and the repayment to creditors.