An IVA Calculator is a useful tool to help someone establish whether an Individual Voluntary Arrangement is a suitable solution to any particular debt problem.
There are several choices of IVA Calculator available on-line, but most are unable to give an accurate analysis of your debt situation, due to them having very limited capabilities.
And this is where the Calculator problems begin.
Normally each Individual Voluntary Arrangement Calculator would ask you to answer 4 or 5 questions about your personal circumstances, and you would then be given a solution that was based on the information you had provided.
The difficulty with that concept is that there are many more than 5 questions that need to be asked for before an accurate debt solution can be calculated, especially as to whether an Individual Voluntary Arrangement is the most suitable solution, and the answer to each extra question that they don’t ask could have a bearing on the solution they should have arrived at, which is, of course likely to be ‘an Individual Voluntary Arrangement’.
So, in most cases, each Calculator is not up to the standard for Individual Voluntary Arrangement analysis.
With this in mind My IVA Adviser has developed a ’state of the art’ calculator. We call it ‘The Debt Calculator’ and our Calculator is special.
It asks 12 relevant questions, designed to get to the bottom of your financial situation, and has the power to analyse your circumstances and establish the most suitable solution available, whether it is an Individual Voluntary Arrangement, or one of the other debt solutions available, our Individual Voluntary Arrangement Calculator will find it.
Remember, your solution will be based on the information you give, so take your time and make sure the information you provide to the Individual Voluntary Arrangement Calculator is as accurate as you can possibly make it.
Click on the link to visit the Debt Calculator and remember, if you want to discuss your result with one of our experienced IVA specialist advisers, call 0800 088 7503 now.
A Calculator can only go so far in its ability to assist you with your situation.
A Calculator cannot make the subtle adjustments that may be needed to fit the IVA criteria.
And Please remember, a Calculator can only see Black or White, Yes or No, there are no Greys and Maybes.
Therefore if you do not agree with the Calculator, and would like a second opinion on the possibility of an IVA being the suitable option, just call 0800 088 7503, and we’ll talk the solution through with you.
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