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2. Individual voluntary arrangement - Wikipedia

   en.wikipedia.org/wiki/Individual_Voluntary...

   An individual voluntary arrangement (IVA) is a formal alternative in England and Wales for individuals wishing to avoid bankruptcy. In Scotland, the equivalent statutory debt solution is known as a protected trust deed. The IVA was established by and is governed by Part VIII of the Insolvency Act 1986.

3. What is debt forgiveness? - AOL

   www.aol.com/finance/debt-forgiveness-202301471.html

   Here are some pros and cons to consider. Debt forgiveness is helpful, but it’s not a Get Out of Jail Free card. Here are some pros and cons to consider. ... Cons. Tax debt forgiveness may have ...

4. Pros and cons of debt consolidation

   www.aol.com/finance/pros-cons-debt-consolidation...

   Pros and cons of debt consolidation. Mia Taylor. Updated February 23, 2024 at 1:34 PM. American consumer debt — including mortgages, car loans, ...

5. Best debt relief options for credit card debt - AOL

   www.aol.com/finance/best-debt-relief-options...

   Pros of debt consolidation. Lower interest rates or reduced fees. ... Cons of debt settlement. Negative impact on credit score. Fees associated with the debt settlement process, even if it is ...

6. Debt relief: Pros and cons - AOL

   www.aol.com/finance/debt-relief-pros-cons...

   Cons of debt consolidation The 0 percent APR periods on balance transfer cards don’t last forever and will often come with high variable interest rates. Consolidation doesn’t eliminate or make ...

7. Simplified individual voluntary arrangement - Wikipedia

   en.wikipedia.org/wiki/Simplified_Individual...

   The simplified IVA (SIVA) was likely to have been two tiers: Tier 1 would have an upper limit of £25–30,000, and; Tier 2 would have an upper limit of £75,000. The approval of an SIVA was likely to have been based on a simple majority instead of the existing 75%. The government decided not to proceed with the proposals for SIVA in November 2008.

8. Debt management plans: What you need to know - AOL

   www.aol.com/finance/debt-management-plans-know...

   Pros and cons of debt management plans Debt management plans can be helpful to many people struggling to pay off massive debt balances. However, they aren’t the best solution for everyone.

9. How to consolidate debt without hurting your credit

   www.aol.com/finance/consolidate-debt-without...

   Debt consolidation doesn’t get rid of your debt, but it can help you pay it off efficiently. You should weigh the pros and cons and know how it will affect your credit score to decide if debt ...