Our insolvency lawyer service can provide assistance to individuals facing financial difficulties through an individual voluntary arrangement (IVA).
An IVA is a legally binding agreement between an individual and their creditors, which allows the individual to restructure their debts and repay them over a fixed period of time. This can help to avoid bankruptcy and provide a viable alternative to debt relief.
Our experienced insolvency lawyers can assist with the IVA process, helping to negotiate with creditors and develop a repayment plan that works for the individual’s needs. We can also assist with drafting and implementing the IVA, ensuring that all legal requirements are met.
In addition to providing legal guidance and representation, we can also provide valuable advice on how to avoid future financial difficulties. This may include helping the individual develop budgets, create debt repayment plans, and explore alternative options for debt relief.
If you are facing financial difficulties, an IVA may be a viable option to consider. Don’t hesitate to seek the advice and guidance of our experienced insolvency lawyers. With our help, you can take the necessary steps to achieve financial stability and move forward with confidence.