Have you ever wished you could write off all your debts and start again? Well, Sort My Debts Out might just be able to help you. If you have unsecured debts of around £15,000 or more and no way of paying the money back in the short term, you may just be able to get help from an organisation like Sort My Debts Out. They will advise you and negotiate an IVA (Individual Voluntary Arrangement) for you if it is appropriate.
If your debts have really become overwhelming then an IVA may be a better alternative than bankruptcy - generally it is a far less restrictive option but can work in a similar way by allowing you to repay a percentage of your debt over the life of the IVA (usually about 5 years). At the end of the IVA, any remaining debt is written off.
It should be borne in mind that IVAs, just like bankruptcy, are restrictive. It is not simply a matter of setting up an IVA, paying off a percentage of your debt and just walking away from the rest of what you owe. That's where organisations like Sort My Debts Out can help. They provide professional advice on whether an IVA may be a solution for you.
If you would like more information on whether an IVA is potentially something to consider why not complete their online request form (just contact details). You'll find that one of their debt advisors will call you, at your convenience, to discuss your particular circumstances before you have to fill in any more complicated forms or applications.
