Yes. The IVA is an effective tool that can be used to deal with multiple debt problems without the need to petition for your own bankruptcy.
As part of the Myvesta IVA process your creditors will be professionally dealt with and the IVA proposal will typically involve a large portion of your debts being forgiven (written off) by your creditors. During the IVA period all interest and charges are completely frozen and your creditors are not allowed to make contact with you.
Tags: bankruptcy, creditors, debt problems, debts, iva, large portion, myvesta, proposal
