Amigo Loans are a creditor website that advocates Individual Voluntary Arrangement. It extends its support to those debtors that are trying to pay off their debts at low affordable payments. The company is located in London, England since 2003. The online website provides an alternative solution for people to avoid a bankruptcy situation. It has been reported that at the least 322 people are declared bankrupt, which sums up to one person every four minutes and twenty-eight seconds.
Usually, debts such as unsecured debts can be included in an Individual Voluntary Agreement. The debtor isn’t allowed to choose what should be included as an unsecured debt. It further adds up as credit card loans, payday loans, and council tax debts, overdraft debts with the current as well as previous banks, Her Majesty’s Revenue and Custom’s debt (HMRC). Provided, some debts cannot be included such as secured loan debt, guarantor loan debt, hire purchase debt as well as mortgage and rent arrears. In the case of a rent arrear, the landlord or the owner's agreement decides whether or not the person can include it in the arrangement. With the inclusion of different types of debts and loan recovery, the person can safely keep their house, property, and car. The creditor will have no right to cease any assets once involved in the Individual Voluntary Arrangement. Besides, the creditor will not be able to take any action against the debtor and have no direct contact with the person in debt. Like any loan-related concern, a person who has a regular source of income is eligible to be a part of the Individual Voluntary Arrangement. Also, the person has to be willing to pay £80 or more in cases of unsecured debts. Any individual who has two or more creditors to deal with or in debt with £5000 or more can be a part of it. For more in formation visit https://www.iva-advice.co/amigo-loans.html
About the site
Amigo loans are an online website that supports Individual Voluntary Arrangement. The company is based in London and has been incorporated since 2003-07-22. The goal is to provide financial assistance to those in debt and is trying to avoid bankruptcy.
Contact Media
iva-advice
Pennsylvania, Pittsburgh
https://www.iva-advice.co/amigo-loans.html
[email protected]