Suffering with debt, with the added stress of running your own business, is such an overwhelming experience. You feel you have to function, so that your company can continue to trade, but the worry eats you up from within. The first thing to know is, there are lots of ways to help, and you definitely don’t have to lose your business.
If you’re considering whether an Individual Voluntary Arrangement (IVA) is worthwhile as a solution to unmanageable debt, you’ll want to know how it will affect your business. An IVA is a government-mandated solution to debt, which allows you to
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