Brokers will receive a fee if an Individual Voluntary Arrangement is taken out, but the Debt Advice Portal will ensure that they retain an ongoing relationship with their client should they be eligible for a remortgage further down the line.
Nick Du Boulay, director of the Debt Advice Portal, says: “Excessive debt is a major issue and, for many people, an IVA is the most appropriate option.
http://www.ivaloanuk.p9.org.uk
