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	<title>Debt Secrets &#187; IVA Secrets</title>
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	<link>http://www.debtsecrets.co.uk</link>
	<description>Secrets, tips, solutions and advice for UK related debt problems</description>
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			<item>
		<title>IVA secret 9: Why how much you pay in IP professional fees really does matter.</title>
		<link>http://www.debtsecrets.co.uk/iva-secret-9-why-how-much-you-pay-in-ip-professional-fees-really-does-matter</link>
		<comments>http://www.debtsecrets.co.uk/iva-secret-9-why-how-much-you-pay-in-ip-professional-fees-really-does-matter#comments</comments>
		<pubDate>Fri, 13 Nov 2009 00:46:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IVA Secrets]]></category>

		<guid isPermaLink="false">http://www.debtsecrets.co.uk/?p=55</guid>
		<description><![CDATA[


One of the great IVA myths is that the IP fees are paid completely by the banks and the indebted individual should therefore not worry about them. It is true that the IP fees are written into the arrangement but this means that part of the money used to pay back monthly to your creditors [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IVA secrets 7 and 8:  Never pay the Insolvency Practitioner any money in advance</title>
		<link>http://www.debtsecrets.co.uk/iva-secrets-7-and-8-never-pay-the-insolvency-practitioner-any-money-in-advance</link>
		<comments>http://www.debtsecrets.co.uk/iva-secrets-7-and-8-never-pay-the-insolvency-practitioner-any-money-in-advance#comments</comments>
		<pubDate>Tue, 04 Mar 2008 02:01:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IVA Secrets]]></category>

		<guid isPermaLink="false">http://www.debtsecrets.co.uk/iva-secrets-7-and-8-never-pay-the-insolvency-practitioner-any-money-in-advance</guid>
		<description><![CDATA[IVA secret 7:
Never pay the Insolvency Practitioner any money in advance



Insolvency Practitioners are legally obliged not to start charging you until you have actually started your IVA. Make sure you postpone any fee payment until after the creditors meeting.
IVA secret 8:
Get the initial meeting for free.
Most Insolvency
Practitioners will give you an initial free meeting. Ensure [...]]]></description>
		<wfw:commentRss>http://www.debtsecrets.co.uk/iva-secrets-7-and-8-never-pay-the-insolvency-practitioner-any-money-in-advance/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IVA secret 6: Go directly to an Insolvency Practitioner</title>
		<link>http://www.debtsecrets.co.uk/iva-secret-6-go-directly-to-an-insolvency-practitioner</link>
		<comments>http://www.debtsecrets.co.uk/iva-secret-6-go-directly-to-an-insolvency-practitioner#comments</comments>
		<pubDate>Mon, 25 Feb 2008 22:55:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IVA Secrets]]></category>

		<guid isPermaLink="false">http://www.debtsecrets.co.uk/iva-secret-6-go-directly-to-an-insolvency-practitioner</guid>
		<description><![CDATA[IVA secret 6:
Once you are certain that an IVA is best for you, go directly to an Insolvency Practitioner



Debt Management companies do offer a debt advice service. In addition they justify the fees on the basis that they ensure the IVA receives approval. Their argument is that you will have an advocate for your IVA, [...]]]></description>
		<wfw:commentRss>http://www.debtsecrets.co.uk/iva-secret-6-go-directly-to-an-insolvency-practitioner/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IVA secret 5: If the majority of your debt is held by a single creditor, consult them</title>
		<link>http://www.debtsecrets.co.uk/iva-secret-5-if-the-majority-of-your-debt-is-held-by-a-single-creditor-consult-them</link>
		<comments>http://www.debtsecrets.co.uk/iva-secret-5-if-the-majority-of-your-debt-is-held-by-a-single-creditor-consult-them#comments</comments>
		<pubDate>Sat, 23 Feb 2008 00:49:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IVA Secrets]]></category>

		<guid isPermaLink="false">http://www.debtsecrets.co.uk/iva-secret-5-if-the-majority-of-your-debt-is-held-by-a-single-creditor-consult-them</guid>
		<description><![CDATA[IVA secret 5:
If most of your debt is owed to one creditor then consult them first before you try to do an IVA.



As 75% (in value) of your creditors have to vote in favour of your IVA proposal there is no point in going ahead with the IVA proposal if that creditor does not already [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>IVA secret 4: Make sure you have fully considered the “Full and Final Settlement” or “Lump Sum” IVA</title>
		<link>http://www.debtsecrets.co.uk/iva-secret-4-make-sure-you-have-fully-considered-the-%e2%80%9cfull-and-final-settlement%e2%80%9d-or-%e2%80%9clump-sum%e2%80%9d-iva</link>
		<comments>http://www.debtsecrets.co.uk/iva-secret-4-make-sure-you-have-fully-considered-the-%e2%80%9cfull-and-final-settlement%e2%80%9d-or-%e2%80%9clump-sum%e2%80%9d-iva#comments</comments>
		<pubDate>Mon, 03 Dec 2007 13:56:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IVA Secrets]]></category>

		<guid isPermaLink="false">http://www.debtsecrets.co.uk/iva-secret-4-make-sure-you-have-fully-considered-the-%e2%80%9cfull-and-final-settlement%e2%80%9d-or-%e2%80%9clump-sum%e2%80%9d-iva</guid>
		<description><![CDATA[


Let me tell you; if you really want to do an IVA and not go bankrupt then a “Full and final settlement” IVA is better. Being in debt to a friend or family member is far better than being exposed to the stringent rules that govern a repayment IVA. In a repayment IVA you could [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IVA secret 3: Vested interests might be pushing you into an IVA</title>
		<link>http://www.debtsecrets.co.uk/iva-secret-3-vested-interests-might-be-pushing-you-into-an-iva</link>
		<comments>http://www.debtsecrets.co.uk/iva-secret-3-vested-interests-might-be-pushing-you-into-an-iva#comments</comments>
		<pubDate>Sat, 13 Oct 2007 00:42:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IVA Secrets]]></category>

		<guid isPermaLink="false">http://www.debtsecrets.co.uk/iva-secret-3-vested-interests-might-be-pushing-you-into-an-iva</guid>
		<description><![CDATA[IVA secret 3:
Vested interests might be pushing you into an IVA when bankruptcy is a better solution




Remember that the debt management companies and Insolvency Practitioners have a vested interest in you going ahead with an IVA as it will be all the more lucrative for them. They will typically try to prod your conscience so [...]]]></description>
		<wfw:commentRss>http://www.debtsecrets.co.uk/iva-secret-3-vested-interests-might-be-pushing-you-into-an-iva/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IVA Secrets; Don&#8217;t pay any “arrangement fees” for an IVA,  Open a new bankaccount</title>
		<link>http://www.debtsecrets.co.uk/iva-secrets-dont-pay-any-%e2%80%9carrangement-fees%e2%80%9d-for-an-iva-open-a-new-bankaccount</link>
		<comments>http://www.debtsecrets.co.uk/iva-secrets-dont-pay-any-%e2%80%9carrangement-fees%e2%80%9d-for-an-iva-open-a-new-bankaccount#comments</comments>
		<pubDate>Thu, 11 Oct 2007 18:40:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IVA Secrets]]></category>

		<guid isPermaLink="false">http://www.debtsecrets.co.uk/iva-secrets-dont-pay-any-%e2%80%9carrangement-fees%e2%80%9d-for-an-iva-open-a-new-bankaccount</guid>
		<description><![CDATA[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 [...]]]></description>
		<wfw:commentRss>http://www.debtsecrets.co.uk/iva-secrets-dont-pay-any-%e2%80%9carrangement-fees%e2%80%9d-for-an-iva-open-a-new-bankaccount/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Final Settlement IVA, Solve your debt problem with a single lump sum payment</title>
		<link>http://www.debtsecrets.co.uk/final-settlement-iva-solve-your-debt-problem-with-a-single-lump-sum-payment</link>
		<comments>http://www.debtsecrets.co.uk/final-settlement-iva-solve-your-debt-problem-with-a-single-lump-sum-payment#comments</comments>
		<pubDate>Thu, 27 Sep 2007 12:14:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IVA Secrets]]></category>

		<guid isPermaLink="false">http://www.debtsecrets.co.uk/final-settlement-iva-solve-your-debt-problem-with-a-single-lump-sum-payment</guid>
		<description><![CDATA[The majority of IVAs, are monthly repayment IVAs, which, as described in the IVA facts article, involve the debt being paid over a five year period. An alternative, where the debt is settled once and for all by the payment of a lump sum is called a final settlement or lump sum IVA. This is [...]]]></description>
		<wfw:commentRss>http://www.debtsecrets.co.uk/final-settlement-iva-solve-your-debt-problem-with-a-single-lump-sum-payment/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IVA Facts, the truth about the disadvantages and advantages of an IVA</title>
		<link>http://www.debtsecrets.co.uk/iva-facts-the-truth-about-the-disadvantages-and-advantages-of-an-iva</link>
		<comments>http://www.debtsecrets.co.uk/iva-facts-the-truth-about-the-disadvantages-and-advantages-of-an-iva#comments</comments>
		<pubDate>Sat, 22 Sep 2007 20:01:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[IVA Secrets]]></category>

		<guid isPermaLink="false">http://www.debtsecrets.co.uk/iva-facts-the-truth-about-the-disadvantages-and-advantages-of-an-iva</guid>
		<description><![CDATA[An Individual Voluntary Arrangement or IVA is a legally binding agreement between you and your creditors. You agree to make monthly payments towards repaying your debt over a period of five years. If there is debt remaining then it is written off. (However, please be aware if you choose the IVA route that there are [...]]]></description>
		<wfw:commentRss>http://www.debtsecrets.co.uk/iva-facts-the-truth-about-the-disadvantages-and-advantages-of-an-iva/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
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