IVA Plan- Frequently asked Questions (FAQ)
What is an IVA Plan?
An IVA Plan or ‘Individual Voluntary Arrangement’ is a Government Approved Service which can wipe away thousands of pounds you have outstanding in debt. During an IVA Plan you have just one affordable payment often less than half of what you currently have to pay each month. The single payment is paid over a 5 year period after which the remaining debt is wiped off. During an IVA Plan the credit companies who you owed money to legally have to stop any contact with you giving you a quiet, stress free life.
Can I get an IVA Plan?
If you owe more than £15,000 and are struggling to pay your current bills then it is likely an IVA Plan is right for you. There are some specific criteria to take in to account, one of our trained advisors would be more than happy to give you free advice over the phone to see if you are applicable.
How much will an IVA Plan cost me?
Nothing! Any costs of the IVA Plan come out of the monthly payments you make over the term. IVAPlan.co.uk offer a free to set up/ no hassle service. We can walk you through the whole set up process making it easy for you to take the first steps to financial freedom.
Sounds too good to be true, does it really work?
Yes in 95% of cases we write off up to 75% of the money owed to banks. If for what ever reason an IVA Plan does not work for you there are a range of other services we offer. We try to find a solution for everyone we talk to.
How much can I save with an IVA Plan?
Although everyone’s circumstances are different the following guide show’s the average monthly payments and savings you could benefit from.
How do I get an IVA Plan?
Getting an IVA is easy because here at IVAPlan.co.uk we deal with all of the work on your behalf without cost to yourselves. All that you need do is contact us by using the below form to request a free call back . We have a strict no call centre policy so upon contact with us you are allocated a trained advisor who will give any help you need.
I would like a trained advisor from IVAPlan.co.uk to call me to discuss whether an IVA Plan is the right option for me.
|
