We welcome the Financial Conduct Authority’s temporary financial relief package to allow a mortgage holiday; this sees a standard baseline set of payment freeze and other help across the consumer credit sector take effect from Tuesday 14 April for people whose finances have been negatively impacted by the coronavirus crisis. One of the specific policies […]
How to take a Mortgage Holiday during coronavirus crisis Read More »
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.