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  • Add You - IVA's - The Benefits

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    the government introduced a new debt re-payment scheme called an Individual Voluntary Arrangement,
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    The debt crisis that politicians have been agonising about is getting worse, not better. By the end of October 2006, total personal debt in the UK was more than ?1.25 trillion (up by more than 10% on last year) and average household debt stood at ?8,592.

    With economic forecasters predicting these figures to continue to rise, the future looks bleak for debtors. Or does it?

    In 1986, the government introduced a new debt re-payment scheme called an Individual Voluntary Arrangement, o

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    of October 2006, total personal debt in the UK was more than ?1.25 trillion (up by more than 10% on last year) and average household debt stood at ?8,592.

    With economic forecasters predicting these figures to continue to rise, the future looks bleak for debtors. Or does it?

    In 1986, the government introduced a new debt re-payment scheme called an Individual Voluntary Arrangement,

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    n last year) and average household debt stood at ?8,592.

    With economic forecasters predicting these figures to continue to rise, the future looks bleak for debtors. Or does it?

    In 1986, the government introduced a new debt re-payment scheme called an Individual Voluntary Arrangement,

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    these figures to continue to rise, the future looks bleak for debtors. Or does it?

    In 1986, the government introduced a new debt re-payment scheme called an Individual Voluntary Arrangement,

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    the government introduced a new debt re-payment scheme called an Individual Voluntary Arrangement, or IVA for short. Conceived as an alternative to bankruptcy, IVAs are becoming an increasingly popular way of clearing debt. This is shown by the fact that 50,000 IVAs were completed in 2006 and it is estimated that this figure could double by the end of 2007.

    So why are IVAs so popular? The answer lies in the range of benefits that they offer to people in serious debt.

    Unlike bankru

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