IVA Example - 2 Continued

 

IVA clears business debts and saves owners’ home
(Cuntinued)

"We were very grateful to find Clarke Bell and to have the benefit of their experience," said partner Caroline Darley. "They advised us fully and kept in touch constantly to make sure that everything was taken care of. It was a difficult time but they helped us through it."

"We try to avoid the trauma and financial disadvantages of bankruptcy proceedings wherever possible in cases like these," commented John Bell, Senior Partner at Clarke Bell. "Our experience in negotiating with creditors helped us to keep control of the business and gain maximum time to resolve the situation as satisfactorily as possible."

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If you are unsure as to whether an IVA is the best way to solve your debt problems, then why not get a second opinion. Fill in our Enquiry Form, we will assess your situation and recommend the best course of action for you to become debt free.

On the successful completion of an IVA, the agreement is terminated. All debts are considered to be “paid in full”, even though you may not have repaid the full debt.

 
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