Debt Solutions UK

Debt Solution Finder
May 26, 2011 by admin · Leave a Comment
Our Debt Solution Finder is designed to help you find the right solution to your debt problems. Finding a solution to your debt problems is not always easy, there are a number of different options available to people in the UK and each of them has pros and cons. So what are the best solutions to debt problems. What about an IVA? or maybe a Debt Management plan would be the best option? should I just declare myself bankrupt or what about getting another loan to consolidate all my debts into one easy to manage monthly payment? and are there different options available if I live in Scotland? These are jst some some of the question you may have and each of them are valid so lets take a look at each one: Is an IVA right for me? - First of all you should take a look at our IVA section which explains what are the benefits of an Individual Voluntary Arrangement. … [Read More...]
IVA Help & Advice
Individual Voluntary Arrangement
May 26, 2011 by admin · Leave a Comment
IVA's are a government backed scheme to get you out of debt. You pay only the debts you can afford and the rest are cleared. IVA's are fast becoming one of the most popular methods of debt clearence in the UK. How Do IVA's Work? If you qualify for an IVA you benefit from the following assurances: Your home is secured You pay just one affordable monthly payment You become debt free in 60 months Up to 70% of your debt could be written off Calls from creditors stop Government backed debt scheme Your totals debts are assessed and an affordable monthly payment is then agreed with your creditors, if they agree then any outstanding debt is cleared and your remaining debts are then combined into one affordable monthly payment for a maximum duration of 60 months. Savings of up to 70% are common. How the IVA Process Works Once a decision has been made that an Individual Voluntary Arrangement (IVA) is right for you, you will be asked questions regarding your … [Read More...]
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