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Insolvency Practitioner

Compare Debt Management Plans & IVA's

An insolvency practitioner is effectively the middleman when it comes to IVA, you agree to make regular repayments to them and they then divide this money between your creditors. An IVA will stop creditors taking action against you for your debts, once you have an IVA plan in place, your insolvency practitioner will deal with this for you. You must be aware that if you do not keep up repayments, your insolvency practitioner has every right to make you bankrupt.