 |
Large proportion of your debt will
be written off |
|
Your IVA arrangement is keep private unlike bankruptcy which is very public |
|
Avoids bankruptcy |
|
One low monthly payment, based on what you can afford to pay |
|
Debt Free within 60 months |
|
No interest payments |
|
Telephone calls and bailiffs action stopped |
|
Regain your life no more stress and worry |
| 1. |
A chat with a DebtClearFuture adviser
to evaluate your financial situation and to see
if you qualify for an IVA in principal.
The initial call takes no longer than 10 minutes.
If you do not qualify for the program we will let
you know quickly. We will not propose an IVA we
think has little chance of acceptance. |
|
| 2. |
A licensed Insolvency Practitioner
will then review your financial position and formulate
a proposal, based on the information you provide.
The iP will then nominate your proposal to your
creditors as suitable for the IVA program. |
|
| 3. |
If the majority of your creditors agree to the
proposal, then the IVA is approved and will be legally
binding for all creditors (even those who may have
rejected the proposal). |
|
| 4. |
With the approval of your IVA, all creditor contact
stops, call's letters and bailiffs you will only
pay one low monthly payment that you can afford. |
|
| 5. |
Once the agreed payments have been completed the remainder of the debt will be cleared, leaving you debt free. |
