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Unread 11-12-2007, 04:15 AM
sakitha sakitha is offline
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Bankruptcy and IVA

Hai,

I am Sakitha.

Which is the best option for you: Bankruptcy or an IVA (Individual Voluntary Arrangement)?
Debt advice is Britain's new growth industry. Thousands of people are employed to pick up the pieces from the credit-card fuelled consumer spending boom. Many are earnest, often volunteer workers with debtors' best interests at heart. But others are little more than hard-sell operations pushing high-charge 'debt consolidation' plans which leave their victims even worse off.

Such is the growth of the debt advice business that a market of competing advisers now exists. If, like many of the callers to The UK Insolvency Helpline you fit the typical debtor profile - 10 to 12 credit cards and debts of above
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Unread 08-11-2011, 11:01 AM
Nicholas_B Nicholas_B is offline
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Hi i think your post is very interesting and agree with what you have written just to outline further for anyone struggling with this decision -

An IVA (Individual Voluntary Arrangement) ia an essential piece of legislation which allows you to avoid the trauma of declaring bankruptcy. It suits many people who are over
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Unread 03-24-2012, 07:47 AM
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moore.davidv11 moore.davidv11 is offline
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Re:

My friend David and Elemery have love marriage but when they face real life crisis, they don
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