Individual Voluntary Arrangements (IVA's)
This refers to an agreement made with a group of creditors to pay a fixed monthly payment in settlement of debts, usually over a 5 year term.
An IVA is an alternative to bankruptcy and although less damaging to your credit history, could still affect your ability to obtain a mortgage or loan
Berkley Vittoria can often help
people who: -
Have completed their IVA and are looking to re-mortgage or take out a secured loan. *
Are currently in an IVA and have a satisfactory payment history and wish to raise funds
(possibly to settle outstanding debts relating to the IVA).
* The overall cost for comparison is 7.7% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.