IVA - Individual Voluntary Arrangements, Debt Advice, Debt Solutions
Debts Solved - X-Debt helping you ease your debt problems.
About X-debt
X-debt is a trading name for Debts Solved Limited and provides debt solutions to individuals throughout the UK in the form of an IVA's (Individual Voluntary Arrangements). We can also advise on other debt solutions such as debt management programs or bankruptcy.
Unlike many debt management companies, X-debt have our own inhouse Insolvency Practitioner. Many debt management companies advertise IVA's as a service they provide when, in reality, many simply acquire your details and pass them over to an IP for a fee. In many cases the debt management company will also take a number of monthly contributions from you before your case is 'introduced' to the IP.
If you do not wish to use the services of X-debt then we highly recommend, if you are advised to take the IVA route, that you enquire with the company who will process your case, whether or not they employ an IP and the name of the IP who will supervise your arrangement.
IVA's are highly regulated Debt Management programs and only an IP can supervise on IVA cases. Therefore you should seek the advice of an IP prior to entering in to some other type of arrangement.
At X-debt our IP, Angela Canning, is both highly experienced and hands providing a very personal service. If you have any queries regarding your debt situation or any advice you may have already received please feel free to contact us and ask to speak to Angela.
Our team of debt advisors also have vast experience in dealing with personal debt problems and can assess your financial situation before advising on the best solution for you be it an IVA, Debt Management or Bankruptcy.
We take the stress out of dealing with your creditors and, as we have a very good relationship with many of the banks and larger financial institutions, can help remove some of the pressure you are receiving whilst your proposal is being prepared.
Once the IVA is approved we will then administer your Arrangement throughout the term set out in the proposal.
All you need to do is ensure you keep your payments up to date and relax in the knowledge that you will be debt free generally in five years.
To begin the process of reducing your monthly payments and becoming free of debt please contact us here or complete our quick form to the right and we will call you back.