Quick Debt Solution Wizard

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How do I qualify for an IVA?

If you are struggling to pay your debts you are able to apply for an IVA. This involves getting together some information about your current financial circumstances and based upon this information an assessment of your circumstances can be made. If you meet the entry criteria, then you can make a formal application. This is a two-part procedure. Part one involves us putting together your proposal for you. Part two involves us negotiating the IVA proposal with your creditors on your behalf.

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Back To "IVAs : Frequently Asked Questions"

An IVA is a serious undertaking, it may damage your credit rating for up to six years. If you own a property it will be safe in an IVA, however you may be required to remortgage and release additional funds for creditors after three or four years.
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DebtMatters Ltd. Registered Office: Mansell House, Horwich, Bolton BL6 6QQ.