An Individual Voluntary Arrangement is an alternative debt solution to bankruptcy. It is unique because it allows you to take control of your debt and be part of the solution process. All you need is to be dedicated to freeing yourself from your financial constraints.

An IVA is a formal agreement between you and your creditors in which you agree to make reduced payments towards the total amount of your debt over a period of approximately 5 years in order to settle your debt. Any debt left over if you have maintained your payments after the period of 5 years will be written off, as agreed by your creditors.

An IVA is different from other debt solutions as it will not mean you have to lose any of your major assets like your house or have to declare yourself bankrupt. All your debts, whether credit card, mortgage or hire purchase agreement, will be consolidated and covered by your agreed monthly payment, which will be assessed according to what you can afford to pay.

Your creditors cannot demand any further monies, unless your financial circumstances change during the 5 years you are under the IVA.

If you would like further information about what an IVA is or would like to talk about your financial situation and what an IVA would mean to you please call Melanie Giles on 02920 277 678 or please fill in an HYPERLINK "http://www.melaniegiles.com/ivaEnquiry.asp" IVA Enquiry Form, which I will personally respond to. If you do undergo your IVA with us you will experience total support throughout the process.

Call Melanie Giles: 02920 277 678 or fill in an IVA Enquiry Form.