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New Debt Protocol Welcomed By The Debt Management Industry, Says IVA Provider IVAOnline.co.uk
IVA and Debt management providers around the UK are welcoming the introduction of a new Debt Protocol aimed at increasing standards and driving out the cowboy firms, says IVA broker IVAOnline.co.uk The new Protocol was introduced to the industry by Business Minister Jo Swinson and is part of a joint initiative between the Insolvency Service, IVA providers, debt management trade associations and groups of creditors....
7 Points How An IVA Can Help You Get Out Of Debt
An Individual Voluntary Arrangement can be an ideal way of starting your journey to a debt-free future without the stigma of bankruptcy hanging over you. If you owe more than £15,000 of unsecured debt with two or more creditors, and have regular income from a job or self-employed contracts, an Individual Voluntary Arrangement could be the right option for you....
A Fall In Insolvencies Is A Welcome Sign Says IVA Company
Figures revealing a drop in insolvencies are a very welcome sign, says one of the UK’s No.1 IVA provider. Figures from the Accountant in Bankruptcy (AiB) showed that in the first three months of the new 2011/2012 personal insolvencies had dropped by 1% over the same period in the last financial year, a clear sign that people are getting to grips with their debts before they reach a critical point of no return....
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An IVA only lasts for 60 months (5 Years). As long as you keep up repayments any unnafordable unsecured debts are written off.
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Simple Financial Solutions Ltd (SFS) is an introducer and not an insolvency practice. With your approval, following advice from your SFS adviser, if you choose to go ahead with an IVA then we will pass a completed fact-find to an Insolvency Practitioner who will then present a proposal to your creditors.

IVAonline.co.uk © 2017 All rights reserved. IVAonline.co.uk is owned by Simple Financial Solutions Limited. Simple Financial Solutions Limited. Registered office: Sovereign House, 58 Elliot Street, Glasgow, G3 8DZ. Company no: SC382881. FCA Authorisation: 0641275. Data Protection registration no: Z2440933.

All topics covered are written by the author John Woods for the IVAonline.co.uk website. Debt Solutions Subject to conditions and acceptance. Credit rating may be affected. Repaying debt over longer period may increase the total amount to be repaid. Fees payable if continuing services provided. Alternative free-to-consumer debt advice organisations as recommended by the Money Advice Service. Call charges may apply if calling from a mobile. *You may be required to pay a contribution towards your debts. This contribution is assessed based on your income and expenditure and can last for 60 months or longer.