How Impartial Iva Help Can Help You Manage Your Debt Problems
With insolvency figures at a record high, it's hardly surprising that requests
for bankruptcy advice, IVA help and guidance on debt relief orders (DRO) and how best to manage debt are also at an all time high. At the Debt Advice Trust we deal with over 100 people a day calling us for debt advice and IVA advice. The Citizen Advice Bureau deal with around 9,300 debt related problems a day whilst 1,000 people each and every day seek some form of debt rescheduling.
Times are tough and all the signs are that they'll get tougher before things ease up. With rising inflation and the likelihood of large-scale public sector spending cuts on the horizon, the signs are not altogether positive.
More often than not debt problems are purely and simply the result of nothing more than a little misfortune or some slight financial miscalculation. However benign the causes, the consequences can be drastic. The aim of proper debt management and IVA help is to take control of the situation before things have the chance to spiral out of control and become unmanageable. It's important that you act while you still have choices and are able to put together a viable debt recovery plan.
Perhaps the best initial course of action is to make sure that you are speaking to a debt management agency that has not only the experience and the expertise, but most importantly the impartiality to be able to get you moving in the right direction. The last thing anyone needs in times of difficulty is to find themselves being taken down an inappropriate route that might end up benefiting the advisor more than the client.
Take Individual Voluntary Arrangements as an example if you have substantial debt (in excess of 15k) and are struggling to repay it then an IVA might be the best option. There are other advantages too the set repayment period, the fact that your creditors are unable to add to the agreed repayment amount or add interest. Whilst most debt management agencies could quickly identify and IVA or Protected Trust Deeds (PTDs) if you happen to live in Scotland, only a truly independent and experienced professional can guide you in the direction of the best IVA provider for you and your specific circumstances.
by: Debt Advice Trust
purchase medifast, kill the infections Debt Reduction Pay Off Your Bills For Less Than You Owe Debt Elimination - How to Find Legitimate Settlement Companies Consumer Debt Settlements – How To Eliminate Debt Through a Settlement Program How to Find Life After Debt Consolidate Debt For Financial Relief Financial Relief Through Debt Settlement Debt Settlement - Why is Debt Settlement a Legitimate Option For Some? Debt Settlement Advice - Locating Proven Debt Settlement Companies Get Out of Debt Fast - How to Get Out of Debt Fast in a Recession How to Eliminate Unsecured Debts Quickly Eliminate Debt in 2010 - How You Can Realistically Be Debt Free in 2-3 Years Debt Settlement Companies - Why is Debt Settlement Now a Legitimate Option?