IVA Help
Subscribe to Newsletter +To arrange an IVA help is needed, it is not something that you can do yourself. The reason for this is that only an authorised insolvency practitioner can act in relation to an IVA.
What should I look for in IVA help?
In the first instance that you seek help with an IVA the insolvency practitioner should always make sure that an IVA is a suitable option and explain the alternatives to you.
You should expect to be informed of:
- Benefits & consequences of an IVA
- Alternative solutions
- Your duties under an IVA
- The role of the insolvency practitioner during the IVA
You should also be provided with a booklet "Is a Voluntary Arrangement right for me?"
If you decide to proceed then you will then need to prepare a proposal that will be submitted to the court and sent to your creditors. The insolvency practitioner will need to help you prepare this and explain its effect.
Getting IVA Help
There are many companies on the Internet advertising IVA help. The truth is that the majority of these companies do not have authorised insolvency practitioners advising you or managing the advice process within that organisation. This can be a detriment to you so choose carefully.
If you would like advice on the best way to deal with your debt, or need help with an IVA, then contact Mark for free help. You can be informed of reputable companies that have authorised insolvency practitioners and can provide a full advice service without putting you at risk of poor advice.
