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Friday, July 25, 2008

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2008-02-21 09:13:27
What are the Pros and Cons of an IVA?


pros and cons of applying for an iva - individual voluntary agreement - good and bad Are you thinking about an IVA (Individual Voluntary Arrangement)? Wondering what the pros and cons are? Here is a small list:

PROS

-no more interest or late payment charges from your creditors

-repaired credit history after five years

-creditors can not take legal action against you for your debts

-one monthly payment instead of many

-no more annoying telephone calls from creditors at home or at work

-you will be debt free once the IVA is finished

CONS

-you will not be able to obtain any additional credit during the course of the IVA, unless you have equity in your home

-your credit rating will be damaged as the IVA will be attached to your credit report

-your name will be added to a publicly accessible database

-you will be required to make a fixed monthly payment for every month up to five years

-an IVA lasts two years longer than a bankruptcy

-you will pay back more money than with a bankruptcy


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Fill out our call-back form and you will be contacted by one of our experienced advisors who will work with you to help you reduce your debt and monthly payments.
* Save on Interest Rates
* Avoid bankruptcy
* Keep your home
* Clear unsecured debts
* There is no obligation
* Pay what you can afford
* Be Financially Free
* This is a No Fee service
Applicants must have a minimum of £5k of total debt excluding mortgages and/or secured loans.







Request Consultation Today!
Click Here


There is NO FEE and you are under NO OBLIGATION!

Fill out our call-back form and you will be contacted by one of our experienced advisors who will work with you to help you reduce your debt and monthly payments.

* Save Money on Interest Rates
* Avoid bankruptcy
* Keep your home
* Clear unsecured debts
* There is no obligation
* Pay what you can afford
* Be Financially Free
* This is a No Fee service

Applicants must have a minimum of £5k of total debt excluding mortgages and/or secured loans.

Click Here to Request Consultation






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