Monday 24th of May 2010
Seeking individual voluntary arrangement (IVA) answers might be a sensible choice for those of you who have decided to ignore your financial problems until now.
Unbiased.co.uk explains the majority of Britain’s adults neglect asking for advice when it comes to their money, despite being more than happy to turn to the experts for help with car issues, plumbing difficulties and even haircut choices.
Answers on IVAs, however, could give you the help you need to assess what to do next if you’ve got mounting unsecured debts on loans and credit cards and want to get out of the red.
And you could find that facing up to your debt worries and searching for information help provides you with the information you need to get your finances in order once and for all.
That’s because IVAs could help you cut down the money you owe after a five-year period of hard work and discipline.
Karen Barrett, chief executive at the website, says: "We shy away from seeking advice on crucial areas of our lives where expert advice could make a real difference."
Seeking IVA answers could ensure you’re no longer one of the many who make this mistake.
By Neil Burton
- House price rise 'may not indicate recovery'
- Equity release 'needs to be increased'
- Need for IVA help could increase as expert predicts reduction in lending
- Government announces 'breathing space' for those needing IVA help
- Lack of subprime lending creating need for IVA help, expert suggests
- An IVA could clear your debt, allowing you to save for your kids' futures
