There are many companies on the internet that offer help with the IVA process. You need the best advice so it is always better to check out for the best experts on the internet. To avail the IVA free advice, you can go through the various websites listed on the internet. Once you are satisfied with a company, you can apply for the advice. Their representatives will get back to you as soon as possible, often the next working day.
When you are looking for the IVA advisors, check on the following points:
1. The company experts have ample experience in dealing with insolvencies and IVAs;
2. The experts are well educated – you can also check out the testimonials;
3. There are no hidden charges – however it is ok to pay some charges if the experts really are able to solve your problem.
Once you select the company to approach for the IVA free advice, you need to talk to the experts at the company about your financial position: your income, debts including cards, expenses and any other possible expenses or income in the future. You should not hide anything as hiding may not help create a fool proof plan. Make sure the expert considers both yours as well as the creditor’s point of view. Otherwise the proposal will be a biased one. Also, check if the IVA proposal is realistic.
While going for an IVA free advice, please do not count on any possible income that you are expecting. However, you should provide for any possible expense that you are expecting. So that you are prepared beforehand if anything goes wrong. The problem with the IVA is that your creditors need not necessarily accept it. Even if it is accepted by creditors to whom you owe up to 80 per cent of the total loans, the agreement is binding. To make the proposal a success, please do not take any loans in the future. And do not use the credit cards unless absolutely necessary.