Archive for October, 2007

IVA secret 3: Vested interests might be pushing you into an IVA

13 Oct, 2007  No Comment

IVA secret 3:
Vested interests might be pushing you into an IVA when bankruptcy is a better solution

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IVA Secrets; Don’t pay any “arrangement fees” for an IVA, Open a new bankaccount

11 Oct, 2007  No Comment

IVA Secret 1
Open a new bank account before you start your IVA

This advice applies to people who owe money to the bank that holds their day to day account. The bank, once they discover that you are doing an IVA, may be tempted to take your salary lodgement in your main bank account to repay your loans and overdrafts. To avoid this scenario it is best to move the bank account to another bank before starting the IVA.
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