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02 May 2019

Your business, liabilities and where to turn when struggling with debt

If you’ve done even a little research, you’ve probably found that the financial world is filled with jargon and confusing terms. So let’s begin with the big one that’s placing a stranglehold on your business
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26 Apr 2019

Assets, Debt and the Business Owner – A Guide

An IVA not only protects your personal assets, it could also allow you to continue as a director.
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*An Individual Voluntary Arrangement (‘IVA’) is subject to the customer meeting qualifying criteria and gaining creditor acceptance. Monthly IVA payments include fees and may differ to the example provided, based on the assessment made of your own personal circumstances – these fees will be clearly explained to you in writing by your IVA company. Debt write off amounts are subject to creditor acceptance and vary by individual customer based on their own financial circumstances, and are applied upon successful IVA completion.

Substantiation example, Someone owes £60,000, they pay £100 over 60 months which equals £6000, write off amount would be £54,000 which is 90% of total debt level. Upon submitting your details on this website we will pass your details to one of our approved partners as this website does not give any advice.

Free debt counseling, debt adjusting and credit information services are available from the Money Advice Service.

National Debt Help
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