- Tuesday, 26 May 2009The assistance of
IVA experts can help people who might otherwise be in debt for the rest of their lives.
Such is the assertion of Melanie Taylor, writing for information resource It Was So Easy.
Readers are told that
IVA advice can resolve a situation which might otherwise seem beyond hope.
"If your debts have become so unmanageable that you don't think you will ever be able to repay them in full, an IVA could help you," Ms Taylor asserts.
She explains that the process normally sees payments made to the relevant IVA experts, who in turn pass on the appropriate sum to each lender.
Ultimately, a portion of the total amount owed is written off and need not be repaid.
With
IVA solutions arranged by
Money Debt & Credit, the proportion which may be written off can reach between 60 and 70 per cent.
Ms Taylor adds that
IVA advice is one of a number of different debt resolution methods which may be recommended by an adviser.
Recent IVA News23% of first-time buyers save for five years to raise a depositWed, 04 May 2011
Brits dealing with Finance Management should shop around for car insurance Wed, 04 May 2011
Parents, including those with Finance Management, advised to start saving for children's weddingsTue, 03 May 2011
Newlyweds may be in need of Finance Management plans after overspending on weddingTue, 03 May 2011
Renting rather than buying may be an option for Brits with Finance Management Thu, 28 Apr 2011
Consumers coping with Finance Management may want to shop around for cheap energy tariffsWed, 27 Apr 2011
Increasing number of Brits turning to loans for home improvementsWed, 27 Apr 2011
Brits, including those with Finance Management plans, to spend £267 on Royal Wedding Tue, 26 Apr 2011
Equity release can be used to 'become debt-free'Tue, 26 Apr 2011
| |
Money Debt and Credit Ltd, Registered in England & Wales No.05588842.
Registered Office: 45 Clarendon Road, Watford WD17 1SZ
Consumer Credit Licence Number: 0580960