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- เผยแพร่เมื่อ 7 ก.พ. 2025
- People facing debt: Could you write off some debt? Get started here: moneynerd.co.u...
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Struggling with debt and unsure about your legal options? Get online legal advice from a UK solicitor for just £5, potentially saving you a fortune in the long run. Click the link: justanswer.9pctbx.net/c/2873512/2107196/9320
Can you pay off in one lump sum after 1 year?
@@Fizziiee09 yes, you can settle your IVA in one lump sum. You would approach your insolvency practitioner and they would set up what's called a 'variation meeting' to see if your creditors will accept the settlement.
Iva is my name.
It can also be a name.
I am standing up for myself because I feel I am a thing.
Thanks for watching! This is just the first video in our IVA playlist, so be sure to check out the others. Let me know if you have any questions!
Well i am 100% positive and i am not selling them. I have a fantastic credit score now and when i went through the IVA process back in 2010 i had 21k debt. Majority was written off and after 5 years i started building up my credit score with a £300 credit limit capital one card. By paying the full balance every month i used it just to put fuel bill on but cleared balance every month and within a year or so i could get any credit card etc.
Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank ❤
Hi,does anybody know if you can take out life insurance if you have an iva?
What happens after 5/6 years paying a fixed amount and you still owe. Does the rest of the debt get written off?
Yes
What do the initials IVA stand for?
Individual Voluntary Arrangement
My name is iva❤
If I don't get accepted into an iva were do I go from there
Hey Jason, there are still options: bankruptcy for example. Or a debt relief order if you qualify. You're best speaking to a charity like NationalDebtLine and they'll advise based on your situation.
debt relief order is better than an iva. iva's are only suitable if you own your home or have assets. sometimes ALL your payments in an iva can go on the company's fees and NONE going to your creditors
Would I be able to talk to you over the phone
TAKE INDEPENDENT FINANCIAL ADVICE BEFORE ENTERING INTO AN IVA. THEY ARE NOT SUITABLE FOR EVERYONE. THE FEES CHARGED BY THE COMPANY PROVIDING THE IVA CAN SOMETIMES SWALLOW UP ALL OF YOUR PAYMENTS LEAVING NONE GOING TO YOUR CREDITORS. BE WARNED.
I v a is my name
First 48 second is bulshit, so people in rush,can skip it ...