Large increase of IVAs but is it the right choice

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whichwaynow

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Post by whichwaynow » Sat Sep 01, 2007 9:07 pm
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Found this artical today. It makes scary reading. I know that the IVA was right for me but are some companies pushing them to much ?
http://money.uk.msn.com/Planning/Life_E ... id=6009222
IVA completed
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iva_squirrel

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Post by iva_squirrel » Sat Sep 01, 2007 9:22 pm
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Good evening,

Thank you for sharing this article with us.

I completely agree that IVA is not something that should be entered into lightly and without exploring all the other solutions. You need make sure that your debt consultant explains all the debt solutions from IVA to Debt Management Plan and Bankruptcy.

Kind regards,

Julia Simavi

Shortlisted with special commendation for Debt Counsellor of the Year by Credit Today Awards 2007

View my profile:
http://www.supersonicsquirrel.net/julia ... rofile.asp

Visit my website:
http://www.supersonicsquirrel.net

Credit Today Awards 2007 http://www.credittoday.co.uk/awards/winners.htm
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sonyse2t5

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Post by sonyse2t5 » Sun Sep 02, 2007 2:18 pm
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It all boils down to how long a DMP would take, I wish CCC be more to the point. If someone needs 7 or more yrs for a DMP completion and with no garanteers interest be frozen or/and with lenders eventually sending out Charging orders,NR been one - you life would be made hell.

IVA - problem solved.Peace of mind.
Last edited by sonyse2t5 on Sun Sep 02, 2007 2:21 pm, edited 1 time in total.
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