Our calculator will help you to decide whether an IVA is right for you.
If you are suffering from financial crisis and have become sick of increasing creditors to whom you have nothing to give, the first thing that you need to consider is filing for bankruptcy. However, filing bankruptcy is a lengthy and painful procedure that not only affects your present but also your future career. Once you have filed bankruptcy, obtaining credit can be very difficult for the next 6 years.
Consider other alternatives
Before considering bankruptcy, there are several alternatives for you that you must try. Some of them are:
Decided to file for bankruptcy: have you considered the following?
Before filing for bankruptcy, one should consider IVA as a healthy alternative that helps in consolidating one’s debts and thereby providing much needed succour and relief.