Apply For An IVA - Become Debt Free
Apply For An IVA - Become Debt Free
Are You Looking To Apply For An IVA To Become Debt Free?
If You Are Looking To Apply For An IVA – Become Debt Free – Then Read On, We will Explain Everything For You To Show You How The Process Works, What You Need To Do To Apply For An IVA and Most Importantly Understand If Its The Right Decision For You.
What Is An IVA?
IVAs are renowned for their affordability, guaranteeing that you will never have to pay more than you can comfortably afford. However, it is completely natural to wonder about the impact of an IVA on your monthly income and how it will affect your ability to cover your essential living expenses.
An IVA (Individual Voluntary Arrangement) Is a legally binding agreement with your creditors to pay back a percentage of your total debts over a set period of time this time period ranges from 60 months (5 years) to 72 months (6 years) depending on your circumstances. The payment you make to an IVA includes all the fees in the monthly payment, We work with you using your income and expenditure to identify a comfortable and affordable payment based on your circumstances
An IVA is arranged and managed by our In house insolvency practitioner , The Insolvency practitioner works with you to create a payment plan that you find affordable and can stick too to become debt free, Our insolvency practitioner is governed by The IPA – Insolvency Practitioners Association
How Does An IVA Work?
Advice Centre Group work with you To help gather a comprehensive list of all your creditors, we gather this by doing a soft credit search that helps us to identify the creditors that show on that report, We will then gather any further debts with your assistance to ensure that we have covered every debt you have. An iva is for someone who typically has over 5k of debt, if you don’t have that kind of debt level then we will work with you to find debt solutions that work for you and your circumstances.
Once we have gathered all of the information we then put you forward for an IVA, this is done by whats called a creditor meeting, this typically takes 18-20 days from the point in which we send your cases across to the creditors,
What Happens If My IVA Is Not Approved?
Advice Centre Group will only put forward clients that we believe are in a positive position to be accepted for an IVA, However, In the circumstances whereby your IVA is not approved not all is lost, our advisors will be there to find other debt solutions that you qualify for and are happy to help find the right arrangement to suit your needs. There are numerous debt solutions available if you cant apply for an IVA, see our homepage for a list of options we can look at
IVA Pros And Cons
Advice Centre Group will always provide you with as much information when you apply for an IVA, we wrote a post explaining the pros and cons of an IVA so that you have a thorough outline of what an IVA entails, See our post IVA PROS AND CONS for more information
Achieving Financial Stability With An IVA
At Advice Centre Group, our ultimate goal is to help you achieve long-term financial stability. Our detailed guide on IVAs provides invaluable insights and information to empower you on your financial journey. We emphasize the importance of seeking professional advice to ensure your IVA plan is tailored to your unique circumstances
For personalised assistance and further support, we invite you to explore our IVA Help page. There, you will find comprehensive information on IVAs, along with the opportunity to connect with our team of expert advisors. Take control of your financial future today and let us guide you toward a brighter tomorrow
Conclusion
When you Apply For An IVA it can be daunting, at Advice Centre Group we try to simplify the process to be as easy on you as possible
For more information and expert assistance on IVAs, visit our IVA Help page and take the first step toward regaining control of your finances
Our customers say
Our client’s opinion really do matter to us.
Take a look of some of our most recent feedback for those clients who Applied For An IVA With Us -:
Our 3 Easy Steps
At The Advice Centre our mission is to help you. Our exceptional team will manage the whole process from beginning to end taking the stress and worry away from you.
One of our specialist advisors will be in contact.
We will go through your personal and financial circumstances, reviewing your income and expenditure to find the best solution that is perfect for your needs.
You are good to go!
We provide you with the right and best advice, agreeing the best solution with you, so you can relax knowing a direction which suits your needs is available.
Get in Touch Today To Apply For An IVA
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Advice Centre Group Ltd is a company registered in England and Wales. Registered number 14322979.Registered office: Second Floor A, Cheadle Place, Stockport Road, Cheadle, SK8 2JX.
Data Protection Registration Number ZB387114
Contact Us
Call us – 0161 660 6270
Email us – Enquiries@advicecentregroup.co.uk
You can visit the Money Helper website to find out more about managing your money and to get free advice, they are an independent service set up to help people manage their money
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We only provide advice After completing or receiving an initial fact find where the individual(s) concerned meet the criteria for one of our insolvency solutions, therefore, all advice is given in reasonable contemplation of an insolvency appointment.
Adam Southard is licensed to act as an Insolvency Practitioner in the UK by the Insolvency Practitioners Association. Office Holder No. 11930
Insolvency Practitioner Directory- Insolvency Practitioner Details (bis.gov.uk)
We provide solutions to individuals throughout the UK, specialising in Individual Voluntary Arrangements that comply with the IVA protocol