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An IVA is an official debt
repayment plan that in most
cases includes the freezing
of interest, reduction in the
total amount of debt owing,
and legal protection from
creditors.
* fixed IVA repayment period (60 months)
* all further interest & charges frozen
* outstanding debt legally written off
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* Reduce your monthly mortgage payments or
release capital
* Avoid selling your home
* Stop creditors chasing you
if you have debt problems
Secured loans can be used for many purposes including resolving present debt problems.
* Stop creditors chasing you
if you have debt problems
* Single monthly payment
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A Debt Management Plan is an informal process of
negotiating with your
creditors for the freezing or reduction of interest,
extension of repayment terms
or the writing off of part of
your debt.
* informal arrangement
* we negotiate on your behalf
* some reduction in debt & interest
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