Our Services
Debt Management
- If you have relatively low debts but struggle to meet your repayments.
Debt Consolidation - Our team can
explain the debt consolidation choices available to you.
Debt Advice - We offer
confidential debt advice and help on all debt solutions.
IVA Advice - An alternative to Bankruptcy if you have a significant amount of debt.
Trust Deed - Available to those living in Scotland.
Bankruptcy - Considered only if all other debt management & IVA options are exhausted.
What is an IVA?
If you're in debt, you might ask yourself 'What is an IVA?'. At Been Refused Finance we strive to answer all your questions so you can choose the ideal debt solution for you.
An individual voluntary agreement is a legal agreement between the creditors and yourself. It can lower your repayments, freeze interest and stop creditors chasing for money. It is possible with an IVA to start repaying large debts that were growing out of control and make a fresh start.
What are the advantages of an IVA?
- We help to you work out how much you can afford to pay back, and you just make one payment each month with help from Been Refused Finance. The amount payeable is the same every month unless your circunstances change and you could afford to pay more.
- Everyone you owe money to are bound legally to its terms, just as long you continue to pay the agreed sum every month.
- Your employment will probably not be affected. Your employer will never find out unless you decide to tell them.
- Unlike bankruptcy, your details will not be advertised in the local press and you are not excluded from running a busiess.
