Do you have unsecured debts with a number of creditors you are unable to pay? If so, then there is an alternative to Bankruptcy, which allows you to renegotiate the terms of your repayments to creditors into an affordable and manageable sum. An IVA (Individual Voluntary Arrangement) can be used to help manage the debt, and lower your repayments to creditors, meaning you are able to pay off your debts while having enough money to live off each month.
If you are struggling to repay your debts then an IVA may be the right solution for you. For further information and advice please visit
IVA service, a website operated by one of our Group companies, Philip Gill & Company Limited, and designed to provide consumers with detailed advice on individual debt solutions.