Do
you know that there is a better way through which you can write off council tax debt and every other debt without going
through much stress? This leads to knowing more about a platform that is known
as IVA. However, more details concerning this platform would be made available
in due course. In this article, you are going to be learning about the full
meaning of IVA and how you can involve an IVA expert concerning the issue of
your debt. In addition to that, you are also going to learn about how to engage
the services of an insolvency practitioner.
To
begin with, the acronym IVA stands for or represent Individual Voluntary
Arrangement. It is a form of agreement between a debtor and his creditor or
creditors to write off council tax
arrears and other kinds of debt he owes by making a monthly payment to that
effect. In other words, it is a kind of agreement that can only be entered into
by a debtor through an insolvency practitioner in order to make it easy for the
repayment of the debt he owes and every other similar arrear. A lot of people have engaged the services of
an insolvency practitioner in recent times and have realized the benefit of
doing so.
Click here Know more about write off council tax debt.
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