Products > Debt & IVA Advice
Debt and IVA Advice
The Debt & IVA marketplace has grown dramatically in line with the UK consumer appetite for credit. Too much borrowing and not enough income to service it, will and is leading to bankruptcy or IVA.
It’s a terrible position that your clients may find themselves in; however last quarter there were 40,000 bankruptcies and IVA’s and the figures are growing, so the likelihood is that a number of your clients will get themselves into this position, sometimes through no fault of their own, it may well be due to redundancy or ill health.
A lot of clients will feel embarrassed to be in this position, there is a solution and you will be rewarded for assisting your client when they find themselves in this difficult and emotional situation.
We have established partnerships with vetted and respected Chartered Insolvency Practitioners; so that once you as a Moneybrain adviser have exhausted all advisory opportunities to refinance or restructure their debt; your can refer the client immediately to an accredited IVA specialist to react quickly to save their home and try to get them back on track.