IVAs (Individual Voluntary Arrangement)
When an individual is unable to meet the repayments on their existing
credit agreements, and is facing bankruptcy, it is possible to enter
into something known as an Individual Voluntary Arrangement (IVA).
An IVA, usually lasting for 5 years, is an agreement that allows
the borrower to repay a percentage of his debts to his creditors.
Supervised by an independent third party, known as an insolvency
practitioner, after the 5 years has passed any outstanding debts
will normally be written off.
If you are struggling to meet the repayments of an existing IVA,
but own a property with positive equity that could be released to
help improve your financial situation, then we can help.
Clean Start Remortgages
The More Group offer a ground-breaking new product that allows
for applicants who would normally be declined by other lenders
to raise the cash they need to get their finances in order.
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