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    IVAs (Individual Voluntary Arrangements) offer an excellent way to repay debts by allowing people to make affordable monthly repayments over, typically, a five year period. During this time interest on the debt is frozen, creditors cannot contact the debto
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    xcellent way to repay debts by allowing people to make affordable monthly repayments over, typically, a five year period. During this time interest on the debt is frozen, creditors cannot contact the debt
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    e debt is frozen, creditors cannot contact the debtor and a certain amount of the debt is written off completely.

    Perhaps unsurprisingly therefore, given the benefits, IVAs are becoming increasingly popular. This is shown by the fact that the number s

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