Amigo Loans are a company established to render its financial assistance and advice to those individuals that are on the edge of bankruptcy. It has been reported that around 322 people become bankrupt every day, to sum it all one person gets bankrupt every 4 minute and 28 seconds. Bankruptcy can be devastating both for the debtor and the family. With Amigo loans, such circumstances will not be allowed to rise. The company is a supporter of the Individual Voluntary Arrangement (IVA).

It has been established and governed under the part VIII of the Insolvency Act 1986 under the government of the United Kingdom. It deals with all corporate as well as personal insolvency in the country. Amigo loans act as a middle person between the debtor and the creditor. It makes arrangements according to the income and expenditure of the debtor, affordable monthly payments are made. It also makes legally binding agreements by restricting the creditor from seizing any assets of the debtor.

Besides financial assistance, it provides advice as well as guidance for a debt-free future. All these at the cost of a simple payment that is included in the debt payment. There are cases where without any contract, the creditor could cease property and assets as well as repossess and sell them off as they wish. Also, it does not take into consideration the income and expenditure of the debtor but mainly deals with the debt payment in particular. In Amigo Loans, keeping in mind the personal interest of the debtor, the debts are paid with an understanding of the crucial situation.

Amigo loans are made available for individuals who have a regular income. The debtor also needs to abide by the terms and conditions of the arrangement. Monthly payment of £80 or more needs to be paid to the Insolvency Practitioner and it continues for at the most five years. In the end, all other unsecured debts are written off with completion. For more information please visit https://www.iva-advice.co/amigo-loans.html



Amigo Loans are a creditor company that supports the Individual Voluntary Agreement. Incorporated on 2003-07-22 and located in London, England. It is a trusted company for all loans and debt-related solutions.



Contact Media

Ivaadvice

[email protected]

Pennsylvania - Pittsburgh

https://www.iva-advice.co/hartlepool-water.html