For the most part an IVA (Individual Voluntary Arrangement) is made up of consumer credit debts such as credit cards, store cards and/or personal loans. Your unsecured debts are provided by a relatively small number of providers and for the most part these institutions apply a broad and standardised set of criteria, concerning what they [...]
Archive for August, 2011
Individual Voluntary Arrangement Qualifying Criteria
August 31st, 2011 
Admin IQY 
Posted in Debt Advice 
Tags: Compromises, Consumer Credit, Credit Cards, Credit Debts, Creditors, Enough Money, Financial Adviser, Future Events, Honesty, Individual Voluntary Arrangement, Insolvency Practitioner, Living Expenses, Personal Loans, Private Pension, Proposal, Satellite Tv, Social Expenditure, Stable Employment, Store Cards, Unsecured Debts 
1 Comment »More Debt Management Plan Questions
August 10th, 2011 Admin IQY A debt management plan is an informal arrangement between you and your creditors, managed by a professional debt management agency. You repay debts at a rate calculated to ensure that you can afford it, with a single lump sum payment made to the agent who will distribute this money to your creditors, removing the stress [...]
Posted in Uncategorized Tags: Bankruptcy, Car Hire Purchase, Creditors, Debt Management Plan, Exceptions, Expenditure Budget, Financial Situation, Income And Expenditure, Informal Arrangement, Lump Sum Payment, Management Agency, Monies, Outgoings, Outset, Plan Questions, Professional Debt Management, Questions And Answers, Remainder, Stress And Strain, Unsecured Debts No Comments »