Wednesday 10 July 2019

Frequently asked questions on the iva debt platform


Making the right choices in any area of your life requires that you get the right information to guide you through the process. This is more critical when dealing with finances because the decisions that you make helps in defining your future. Taking the initiative of entering into an iva is an excellent move that provides you with an opportunity to make things right. Before making any decision, it is best that you seek guidance from a professional who is able to walk you through the process from beginning to the end. This allows you to have an idea of how you can clear your iva debt within the stipulated timelines.

While getting more insight, you may be having a lot of questions lingering on your mind. This is the best time to get the clarification that you need. Some of the questions that you may have are also common to many individuals having similar interests. They include,

  • Do I have to sell my home?
  • Is my partner affected by the iva
  • What happens if I am not able to keep up with the payments?
  • What happens at the end of the iva?

The first question that you need answered is what is an iva. This provides you with an opportunity to understand the voluntary agreement as well as the importance to many individuals in the country. In case you have outstanding debts secured by your home, you may be wondering whether you have to sell your home in order to recover the loan. The truth is that you no longer have to worry about your home. Be sure to get iva help to guide you on the way forward as you agree on the monthly amount you are to pay as you work towards completion of your loan.

Enjoy financial freedom

If you are not able to pay, contact your insolvency partner immediately so that you can get the right iva advice on the way forward. Upon completion of the loan, you can focus on enjoying financial freedom.

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