Key Benefits of an IVA

What is an IVA?
An IVA,Which is an Individual Voluntary Arrangement. IVA is a formal agreement made between yourself and the people that you owe money to. The deal is mutually beneficial and It allows yourself to pay back to your debtor a small percentage of the debt you owe, in return giving your creditors regular monthly payments which can not be easily broken.
Here is the Key Benefits of an IVA

*IVA is often seen as a less severe alternative to bankruptcy and it gives 100% protection from debt collectors, once your IVA has started.
*Your creditors will not be allowed to call you, text you, email you or post letters to your house about the debt
*You will be able to keep your home with an IVA process.
*Your car is usually unaffected with an IVA
*An IVA will make you completely debt free
*You can apply for an IVA over the phone
*No upfront costs