Are you considering an IVA?
Basik Money will provide you with debt advice and put in touch with an Insolvency Practitioner. Get in touch with Basik Money today to find out how we can help you.
What Is An IVA?
An Individual Voluntary Agreement (IVA) is an agreement that is made with all your creditors to pay off your debts within a set period of time. An IVA is one of the more popular debt solutions in the UK, it is a formal and legal debt solution that is approved by the court. Please be aware that an IVA is a form of insolvency but is different from bankruptcy. You can apply for an IVA if you live in England, Wales or Northern Ireland. If you live in Scotland, you can apply for a Trust Deed.
Advantages & Disadvantages
Is It Right For Me?
We always advise that you speak to a qualified debt advisor before making any decisions on handling your debt. Our team of qualified advisors are here to give you advice and answer any questions you have, before making a final decision. Just one call to Basik Money today could help you find a better solution to clearing your debts that you haven’t thought about.
Other Debt Solutions
If an IVA is not what you want, have a look at some other ways we can help to clear your debt;
Why choose Basik Money?
At Basik Money it’s all in the name: we make finding the right financial solution simple, easy and effective. Basik Money take great pride in being directly authorised and regulated by the Financial Conduct Authority. Which means that we adhere to the highest standards of advice for our clients. Our approach is transparent and simple – if you’re not accepted for a solution, there’s nothing to pay.