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Debt Management Plan
Ideally suited for debts between £5000 - £15000 |
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Relatively easy to set up |
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Fees & Interest may continue from creditors |
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Allows reduced payments to be made over a number of years
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Individual Voluntary Arrangement (IVA)
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Ideally suited for debts over £15000 |
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Write off a percentage of the overall debts |
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Debt free within 3 – 60 months |
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Safeguards House & Car and consequences
of bankruptcy |