IVA Individual Voluntary Arrangement
England - Debt Settlement - Debt Solutions - IVA, 16y ago, 748 hits
An IVA is a legal process introduced as part of the 1986 Insolvency Act. As per the law, debtors can make a formal proposal to their creditors in order to clear their debt. An IVA could reduce up to 65% your debts and freeze interest on your loan.
Debt Management Plan
England - Debt Settlement - Debt Solutions, 16y ago, 819 hits
Debt Management Plan is an informal arrangement between debitor and creditors that allow debitor to pay reduced monthly payments on their outstanding, unsecured debts.
