What's the benefit of an IVA (Individual Voluntary Arrangement)?

Discussion in 'IVA - Individual Voluntary Arrangement' started by Ben1, Jun 14, 2016.

  1. Ben1

    Ben1 New Member

    I'm interested in finding out from people who have had an IVA (Individual Voluntary Arrangement) to reduce their debts.

    How did it help you?
    Has it affected your credit worthiness?
    Is it a simple system?
    Do you have to pay for someone to arrange it or can you do it yourself?
    What are the downsides?

    If you have had one and come out of the five year term then how have you found getting back into a good credit position and are their any long term effects?

    Thanks for your time
  2. Ernest Formstone

    Ernest Formstone New Member

    How do that try help me bad Debt.what do now thanks Mr E Formstone

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