IVA Completion

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Can You Get a Mortgage with an IVA? What Lenders DON’T Want You to Know!

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In this comprehensive guide, we explore the realities of obtaining a mortgage with an active or completed IVA. From explaining the intricacies of an IVA and its impact on your credit file to discussing the lending criteria of various mortgage lenders, we aim to provide a clear, thorough, and practical understanding of this complex issue. […]

Can You Get a Mortgage with an IVA? What Lenders DON’T Want You to Know! Read More »

How Long Does an IVA Last - The Comprehensive Guide

How Long Does an IVA Last – Everything you Need to Know!

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Individual Voluntary Arrangements (IVAs) are a popular debt solution in the UK, offering a legally binding agreement between you and your creditors. But one question that often arises is: “How long does an IVA last?” In this comprehensive guide, we will uncover the facts, dispel the myths, and help you understand the implications of an

How Long Does an IVA Last – Everything you Need to Know! Read More »

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How Long Does a Default Last? The Answer May Surprise You!

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Uncover the surprising truth about ‘how long does a default last’. Dive into our guide for insights on defaults and strategies to regain your financial control. Don’t let late payments on defaulted accounts control your financial future – get informed today with free debt help! Quick Links What is a Default? A default, in the

How Long Does a Default Last? The Answer May Surprise You! Read More »

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IVA Pros and Cons – A Comprehensive Guide for Individuals

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An Individual Voluntary Arrangement, commonly known as an IVA, is a formal and legally binding agreement between you and your creditors to help manage your debt. It provides a structured solution, enabling you to make manageable payments over a fixed period. Under the professional guidance of a licensed insolvency practitioner, you and your creditors agree

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Register of Insolvencies: The Purpose and Function of the Insolvency Register

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There’s a vital tool that plays a crucial role in the insolvency landscape, known as The Register of Insolvencies. It is a public register is a comprehensive repository of information about individuals and companies who have entered into insolvency proceedings. Its role is twofold: not only does it serve as a transparent record for creditors,

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Applying for IVA: A Guide to Apply for an Individual Voluntary Arrangement

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Applying for IVA. An IVA is a formal, legal agreement between you and your creditors, designed to help manage and eventually clear your debts. Essentially, it’s a commitment to make regular monthly payments towards your outstanding debts over a set period, typically 5 to 6 years, with any remaining debt potentially written off at the

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How does an IVA affect credit rating

How Does an IVA Affect Credit Rating – What You Need to Know!

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Individual Voluntary Arrangements (IVAs) are a popular debt solution in the UK. They allow individuals to make reduced monthly payments towards their unsecured debts for a set period which is usually five or six years. At the end of the IVA term any remaining unsecured debt is written off leaving you debt free and ready

How Does an IVA Affect Credit Rating – What You Need to Know! Read More »

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Become Debt Free

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Tel: 0113 237 9500

info@becomedebtfree.co.uk

Re10 (Finance) Ltd, York House Unit 4, Gemini Business Park, Sheepscar Way, Leeds, LS7 3JB
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Customers can get free debt advice from the Money Advice Service – an organisation set up by the Government to offer free and impartial advice to those in debt. For more information from the Money Advice Service visit www.moneyadviceservice.org.uk. MAS is part of the Money & Pensions Service. We are not affiliated with MAS in any way.

Become Debt Free is a trading style of Re10 (Finance) Limited Registered Number 04651137.  Data Protection Act Registration Number – Z8613095

Become Debt Free specialise in providing and administering Individual Voluntary Arrangement (“IVA”) solutions to individuals based in England, Wales and Northern Ireland.  We do not administer Debt Management Plans, Debt Relief Orders, or any other debt solutions.  We only provide advice after completing or receiving an initial fact find where the individual(s) concerned meets the criteria for an IVA, therefore, all advice is given in reasonable contemplation of an insolvency appointment.

* To qualify for debt write off in an IVA with us, you must have a minimum of £7,000 of qualifying unsecured debt owed to two or more creditors.  The amount of debt write off is based on your own personal circumstances – typically this could be up to 85% of what you owe; and this has been achieved by over 10% of our customers who have successfully completed their IVA’s in the last 12 months.  The amount of debt write off differs for each customer and is dependent upon their individual financial circumstances and subject to the approval of their creditors.

Andrew Bowers is authorised in the UK to act as Insolvency Practitioner by the Insolvency Practitioners Association.

 

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