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Debtfreeplease is one of the UK's leading IVAs companies

In days gone by, if a person or a business found themselves between a rock and a hard place with regards to paying their debts, they usuallly had to declare themselves Bankrupt. However times have changed and IVAs offer a better option.

An IVA is a formal agreement between someone owing money, the debtor, and the people that lent the money, creditor.

In simple terms, if you are unable to pay off your debts, you are termed insolvent. Many people are now opting to agree an IVA rather than declare themselves Bankrupt. The IVA is a proposal which sets out how you will repay your creditors within a 5 year period.

Owing to the formal procesure of setting up an IVA, it must be set up by a licensed insolvency practioneer such as our experts at debtfreeplease.

Debfreeplease offers a free consultation service to determine whether you are suitable for an IVA.

IVAs through debtfreeplease offer you a free consultation with the possibility to:

  1. Have upto 75% of your debts written off legally
  2. Rearrange your debt payments to one manageable and affordable monthly payment.
  3. Allow you to be debt free in just 5 Years.
  4. Cease interest payments and charges on your debt

Benefits of taking out an IVA to manage your debt issues:

  1. It shows that an individual has financial responsibility allows you to continue running a business and act as a director.
  2. Unlike the case with Bankruptcy, you can control your assets and your business may be able to continue trading.
  3. Creditors usually agree to write off upto 75% of your debt and interest charges are frozen.
  4. Once your payment period expires your debt is written off.

You can see why so many people are flocking to debtfreeplease to take advantage of this opportunity to have their debts written off whilst retaining the ability to continue with their lives without a negative message being delivered to future creditors.

Call debtfreeplease on our freephone number for a free consultation, don't leave it util it's too late, act now to be debtfree.