The iva is an
acronym for individual voluntary arrangement, this is a legal solution designed
to help individuals in effectively managing their debts and having the debt
written off. It is a solution that is available to help individuals in
restructuring their debt payment to favour both the creditor and the debtor.
This restructuring will help the debtor to pay back the debt in a 60month
period without inconvenience to their socio-economic life. How does iva affect
my business you might want to ask if you are into business. Well, the
individual voluntary arrangement can benefit your business in many ways but
first, you must check if you can benefit from this solution by using the iva
calculator. Once you go through this process and you are eligible to partake of
this solution you can apply for the services of the individual voluntary arrangement
insolvency practitioner. Also, how does iva affect my job is another vital
question to ask. However, the effect it has on business can be applied to your
job.
Click here to know more about #doesivaaffectmybusiness.
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