Debt Management »
We'll come up with a debt management solution based on your individual circumstances.
Debt Consolidation »
Our experts can guide you through the range of debt consolidation options available.
Debt Help »
Kensington Financial Management Consultants are experts in providing debt help.
IVAs »
If you have a significant debt problem, you may be eligible to begin this legal process.
Trust Deeds »
A Trust Deed can lead to a significant proportion of your debt being written off.
Bankruptcy »
A Debt Management Plan, IVA or Debt Consolidation should be considered first.
Make Debts a thing of the past with an IVA
There can be no doubting that the UK is faced with considerable economic hardships in light of the credit crunch and many fear that recession may be imminent. This is particularly problematic for those struggling with substantial debts but more and more are now coming to realise that an IVA offers a way out of large level debts and gives people an opportunity to look forward to a future free from financial arrears. Individual voluntary arrangements have proven to be one of the very best means of eradicating substantial debts and most consumers with significant levels of unsecured debt, usually in excess of £15,000, are likely to find that an IVA provides them with all the tools that they require to climb free from their debt concerns. An individual voluntary arrangement (IVA) will normally write off much of an outstanding debt and freeze aspects such as interest rates which is often all that is required to help facilitate an individual's ascension from financial arrears. Using an IVA isn't the right solution for everyone, of course, and to establish whether an IVA may be suitable for you, it is a good idea to speak to debt management professionals.
IVA – Securing your Financial Future
An individual voluntary arrangement has many features that make them extremely attractive to those in debt, particularly those who are facing the prospect of being declared bankrupt. Those who experience bankruptcy will be subjected to many negative financial implications that are difficult to shake off which is why thousands each year opt to enter into an individual voluntary arrangement (IVA) in order to prevent these circumstances befalling them. One of the most stressful aspects of being in considerable debt is the fact that you will be harassed by numerous creditors on a monthly basis chasing payment. With an individual voluntary arrangement this ceases to be an issue as it is illegal for creditors to continue to chase an individual once the IVA has been initiated.
IVA – Avoiding the Threat of Bankruptcy
In some cases it may well be impossible to avoid bankruptcy but it is always prudent to speak to debt management specialists in order to see if you qualify for an individual voluntary arrangement (IVA) because the negative implications of bankruptcy are often overlooked until it's too late and it becomes nigh on impossible to repair your financial record. An IVA doesn't have any of the negative implications associated with bankruptcy.
Speak to Kensington Finance about an IVA
Kensington Financial Management Consultants Ltd is a total finance solutions company helping people all over the UK. We speak financial sense. We will allocate you a friendly advisor who will chat through your current situation and formulate a plan for you without obligation. Let us work out a financial solution based on your individual circumstances. It's our aim to help everyone who contacts us. With debt solutions from debt management and IVAs, mortgages & re-mortgages, secured & unsecured loans and advice and information for debt consolidation, bankruptcy and Trust Deeds, we can help. It really is worthwhile giving us a call or applying online today for a confidential chat with one of our friendly advisors. Call FREE on: 0800 096 4409.
