How a Company Voluntary Arrangement Works
A company voluntary arrangement is a contract deal between the insolvent business and its creditors to repay debts using future profits. This arrangement has been around for over 20 years and has helped a vast number of businesses return back to profitability. The concept is simple, preserving the company itself while restoring sales […]
What You Need to Know About an Individual Voluntary Arrangement
For most people, an individual voluntary arrangement is the alternative to filing bankruptcy. For countless individuals bankruptcy is just not an option, due to whatever reasons such as their job won’t allow it. An individual voluntary arrangement or IVA is an agreement reached by the debtor and his creditors to repay a percentage […]
Bankruptcy - Tips To Remove from Credit Report
If you have recently gone through a Bankruptcy, then you know how devastating it can be for you and your credit score. A lot of lenders will look at your credit score and see that you have a Bankruptcy and decide that you are not credit worthy and will not give you a loan. It […]
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