Ashley Park Debt Solutions

Ashley Park: CVA FAQ

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Would my creditors receive all their debts owed to them?

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.

How would my creditors be paid?

Part of the terms of the CVA is that you make regular monthly repayments to your creditors.
What happens if I fail to maintain payments on the CVA?

If you fail to make payments on your CVA, it will be classed as invalid and your creditors can start legal proceedings against you.
What are the costs of the CVA?

The costs of setting up a CVA will vary from company to company depending on the size of their debt problems.

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Reduce Your Debts with an IVA

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