Individual Voluntary Arrangements (IVAs) are formal agreements between an individual and their creditors to repay debts over a set period. However, there have been instances where IVAs have been mis-sold to individuals, leading to financial hardship and potential legal issues.

Mis-selling of IVAs can occur when individuals are not provided with accurate or complete information about the terms and conditions of the agreement, or when they are pressured into entering into an IVA without fully understanding the implications. This can result in individuals being unable to meet the repayment terms, leading to further financial difficulties.

If you believe you have been mis-sold an IVA, it is important to seek professional advice from a financial advisor or legal expert. They can help you assess your situation and determine if you have grounds for a complaint or potential legal action.

It is essential to remember that IVAs can be a valuable tool for individuals struggling with debt, but it is crucial to ensure that the agreement is entered into with full understanding and transparency. If you have concerns about a potential mis-selling of an IVA, do not hesitate to seek guidance and take appropriate action to protect your financial interests.

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Please contact us at the following link  www.missoldiva.org.uk/intrducer629