The qualifying factors as set out by the best iva companies

Working towards financial freedom is bound to give you great joy as you look forward to managing your finances better. This is an excellent move by the government to cushion the citizens against the harassment as well as embarrassment caused by financial default. You have a perfect opportunity to make things right by making use of iva companies available in the market. Doing this is bound to change the course of your finances towards a better future. It is in this light that you need to get things right from the very beginning. Consider learning more about the program as well as the requirements to help you figure out whether you qualify. Some of the requirements include,

• Must be above eighteen years of age
• Should owe more than one creditor
• Must be a citizen
• You should have a steady flow of income

The first requirement is that you need to be an adult in order to join the program. This means that you are of sound mind and able to make informed financial decisions. The best iva company is able to provide you with the available options and provide you with guidance on the way forward. In order to qualify, you must owe more than one creditor money. This gives you an opportunity to consolidate your debt and work towards making monthly payments that will help you clear our debts within the stipulated timelines.