- an IVA’s period doesn’t go past the 60 month mark
- once an IVA is signed, phone calls from your creditors will cease
- charges for late payment are frozen and so is the interest rate
- you only have one single monthly payment to make
- you can fix you bad credit rating and be cleared from blacklists
- as long as you honor your agreement, creditors cannot drag you to court and take legal action against you
- your work place is safe since an IVA is an agreement between you and your creditor; no other people need to be involved.