IVA Vs Debt Relief Order (DRO) – Which is Right For Me?
Dealing with debt can be overwhelming, but the good news is that there are solutions available to help you regain control of your finances. Two popular options are Individual Voluntary Arrangements (IVA) and Debt Relief Orders (DRO). While both can provide relief from debt, it’s crucial to understand the differences between them to determine which […]
Pros and Cons of an IVA – Examining the Advantages and Disadvantages
If you’ve been weighing up the different ways to tackle debt, you will have probably looked at an Individual Voluntary Arrangement (IVA) as a potential solution. To make an informed decision, it’s crucial to weigh the IVA pros and cons to see whether it would make sense for your personal circumstances. In this comprehensive guide, […]
Debt Management Plan vs IVA – Which is better for you?
When it comes to getting out of debt, there are a few different options available. Two of the most popular are Individual Voluntary Arrangements (IVAs) and Debt Management Plans (DMPs). And whether you choose debt management, IVA or other debt solutions, you need to make sure it’s the right choice for you. So DMP or […]
What is an Insolvency Practitioner?
If you have been researching or discussing the option of an individual voluntary arrangement (IVA), then you have probably come across the term insolvency practitioner (IP). But what is an insolvency practitioner, and what are their duties if you decide to enter an IVA? In this article, we cover everything you need to know about […]
IVA vs Bankruptcy – Which is better?
Typically, most individuals believe that if you can’t keep up with your loan or credit card payments, bankruptcy is the only alternative. However, in more recent years many have found an IVA to be a more viable solution to their financial difficulties. But what is the difference between an IVA and bankruptcy, and which one […]
