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Individual Voluntary Arrangements - IVAs
- Write off all the debt you cannot afford
- Prevent or stop legal action - including bankruptcy
- Government legislation that helps you clear debts in 60 months
- One lower affordable monthly payment
High Peak Mortgages Debt Advice Centre has fully licenced Insolvency Practitioners who offer Individual Voluntary Arrangements (IVAs) which act as a legally binding agreement between you and your creditors. An IVA could be your best solution if you have unsecured debts above £15,000.
Benefits of an IVA
- The unpaid balance of your debts is written off
- one affordable monthly payment - usually for five years
- Protects you from further action by your creditors
- Creditors are legally bound by the terms of the agreement
- A real alternative to declaring yourself bankrupt
- Avoid public notices affecting your reputation
High Peak Mortgages Debt Advice Centre can help people in my circumstances, we appreciate that any can fall into debt for any number of reasons and our job is to be there with you to provide solid, independent advice and support.
Call us free on 0800 0934 765
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