IVA – Way to Solve Your Debt Issues
December 29th, 2008 . by adminStock market crashes, job losses, rising bills and prices! It’s becoming more and more difficult to keep ahead with it all. So what are your options? Well, one way is bankruptcy, but what if you want to avoid that but just need some breathing room?
IVA or individual voluntary arrangement is one great way to get some relief! Under this method a proposal is made to your creditors that outlines a plan to repay the debts over a period. The period is generally five years. If the proposal and case is strong enough, you are likely to get the assistance that you need!
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