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If you’re struggling with unmanageable debt and can’t see a way of ever paying it back, one option is an IVA (Individual Voluntary Arrangement). It’s a legally-binding debt solution in which you’ll repay as much of your unsecured debt as you can afford over an agreed period of time, after which the rest of your debt will be written off. How an IVA works Step 1: talking to your IP Before you can enter into an IVA, you’ll need to discuss your situation with an Insolvency...
5 Mar
It is difficult and extremely stressful to be in a state of financial crisis. The effects can be frustrating at some extent especially when the interest rates are starting to pile up and the bank charges had already accumulated. Debts are one of the most common financial concerns that affect a lot of people nowadays. While there are several solutions for this problem, some people choose to apply for unsecured debt consolidation loan. Unsecured debt consolidation is a process wherein you apply for...
15 Jan
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