Ashley Park:PVA FAQ
To read more details, click on the each question.
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Would my creditors receive all their debts owed to them? [Show +]
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Depending on the company's viability and financial situation, your creditors will receive anything from between 25% and 100% of the debts owed to them.
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How would my creditors be paid? [Show +]
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Part of the terms of the PVA is that you make regular monthly repayments to your creditors.
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What happens if I fail to maintain payments on the PVA? [Show +]
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If you fail to make payments on your PVA, it will be classed as invalid and your creditors can start legal proceedings against you.
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What are the costs of the PVA? [Show +]
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The costs of setting up a PVA will vary from company to company depending on the size of their debt problems.
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Facing Repossession?Let us help!
Are you facing repossession? Already been to court and due to be evicted? We can help.
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Reduce Your Debts with an IVA
If you have over £10,000 in unsecured debts that you are struggling to repay then an IVA could help you write off some of that debt.*.
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Debt Management
Freeze your interest and make affordable monthly repayments. Debt management can help you pay off your debts without going bankrupt.
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Settlement Services
If you have £1,500 or more of unsecured debt you can use our settlement service to help save you money.
If we don't manage to save you anything, then the service is free! Click here for details.
Paying Too Much For Your Mortgage?
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