Individual Voluntary Agreement Debt Solution

Individual Voluntary Agreement Debt Solution

If you are looking to enter into an individual voluntary agreement you will need to start off by obtaining some expert advice from a professional. You can get this advice from the Citizens Advice Bureau that will provide tips and help and advice regarding the benefits and drawbacks of the individual voluntary agreement.

Once you are sure that you want to enter into such an agreement then you must get in touch with an Insolvency Practitioner who is licensed to practice. Next, it is time for the creditors to agree to such an agreement. After the agreement has been approved the Insolvency Practitioner will oversee the agreement and ensure that you will stick to your part of the agreement.

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