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DEBT VIDEO GUIDES > WHAT IS THE DIFFERENT BETWEEN AN IVA AND BANKRUPTCY?
What is the different between an IVA and Bankruptcy?
Key points:
In bankruptcy you may lose your house, your name will be published in the local paper.
Some professions do not allow bankruptcies to continue working.
An IVA consists of reasonable payments over 5 years, interest and charges are frozen, any remaining debts are written off. You keep control of your house, and it is private.
These videos provide brief advice and you should seek more specific advice to your needs, please contact us now to make sure you make the right decision. Thomas Charles are debt specialists and help 100s of people get out of debt every month.
Thomas Charles are debt specialists and help 100s of people get out of debt every month.
Our consultants will give advice free of charge on a home visit or over the phone.
