Siva launch and benefits

Siva launch and benefits

Siva Launch

The launch of the SIVA is expected in the summer or autumn of 2008 when you will be able to consider the alternative to the IVA – Individual Voluntary Arrangement.

A SIVA is it can be organised for lower debt amounts and be set up quickly so that get control of your finances sooner rather than later.

Siva Benefits

A Simplified Individual Voluntary Arrangement or SIVA is basically a new form IVA which is a method of clearing debt without being declared bankrupt.

A normal IVA is only available for people with debts over £12,000, but is generally used when debt levels are higher – often in the range of £60-70,000.

The benefits of a SIVA is it can be organised for lower debt amounts and be set up quickly so that get control of your finances sooner rather than later!

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