Debts in the News
Sharp Rise in Repossessions.
Repossessions were up 40% in the first three months of 2008, compared to the previous year – and things look set to get worse. [more...]

Number Of People Going Bust On The Decrease
The number of people declared insolvent in England and Wales fell slightly in the 2nd quarter of 2008. Being declared insolvent mean become bankrupt or entering into an IVA. [more...]

How Long Before You Run Out Of Cash?
The average person's savings would last for 52 days if other income ceased, a report by the Yorkshire Building Society has suggested. [more...]

The average household is 15% worse off than in 2003
Consumer spending power has fallen dramatically due to rises in the cost of living according to a report by Ernst & Young. [more...]

IVA Question


Can I cancel the IVA once it is set up ?


An IVA is a legal process. Once it is set up it cannot be cancelled because you have changed your mind.
An IVA can be bought to a early conclusion by the introduction of capital from a third party, inheritance, remortgage etc. If you fail to keep you with the agreed payments into the IVA, then your IVA supervisor may initiate legal proceedings against you they could ultimately result in bankruptcy.

View entire IVA FAQ Database

IVA Enquiry
your name
your phone No.
your 2nd phone No.
your email address.
house No.& Postcode
  
level of debt
best time to phone
We'll call you back for a free consultation on solutions to solve your financial problems.