Published in Debt Advice Features on Monday, April 30 2007

Please visit us and get in contact if you are struggling with your unsecured debts.  We provide free debt advice for individuals who are struggling with debt in the UK. Advice and assistance in arranging solutions, including Individual Voluntary Arrangements, Debt Management and providing up to date advice on Bankruptcy.

IVA, Bankruptcy, Debt Advice

If you thought that the only way out of debt was to consolidate the debt, re-mortgage or simply keep paying your loans off ‘forever’, you thought wrong.

Recent changes in debt legislation have led to the introduction of the IVA (or Individual Voluntary Arrangement). The IVA process is designed as a legally governed way out for people in debt.

Did you know also that your lenders are willing to discuss helping you to ease the burden of your debt, if you are having difficulty repaying? 60 Second Advice works alongside your lenders in certain cases to arrange more favourable repayment terms and even to freeze the interest.

IVA, Bankruptcy, Debt Advice