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domain	aquarius-financial.net
summary	Debt management plans are normally used under these circumstances: You can only afford to pay a small amount to creditors each month You have problems with debt but will have the ability to make repayments within several months You can organise a payment plan with your creditors yourself, use a licensed Debt Management Company fees are charged or via the free sector Payments are made regularly to the company The company divides the money between all your creditors ProsA remortgage may attract higher rates of interest or, if no remortgage is available, an IVA may be extended by 12 months If your IVA fails, it may result in Bankruptcy If you earn additional income then a percentage of this may need to be paid into the IVA Only unsecured debts included within the individual voluntary arrangement may be discharged at the end of the period and unsecured debts not included remain outstanding There are restrictions on the expenditure of a person who enters into an IVA Borrowing any amount over 500 can only be done with the express permission of the Insolvency Practitioner
title	Aquarius Financial – Consultants to the Debt Sector
description	Aquarius Financial – Consultants to the Debt Sector
keywords
upstreams
downstreams
nslookup	A 77.72.2.80
created	2024-11-30
updated	2024-12-02