Monday, 5 March 2012
How to beat debt with an IVA
Some people are unsure how an Individual Voluntary Arrangement (IVA) could help make their living costs affordable when it only agrees payment reductions to their unsecured debts. They might also be sceptical as to why lenders would agree to a debt solution where they only get back a proportion of what’s owed, and concerned that they will have to sell ‘assets’ such as a home, car or other valuable possessions to put towards their IVA. Above all, there is a lot of suspicion surrounding
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