You might have stuck neck deep in debt and now wondering about your options. Creditors would be knocking your doors quite too often and threatening legal action as well. In such scenario, a sensible approach is to weigh individual merits of bankruptcy and IVA. You will find the following inputs regarding the ongoing IVA vs Bankruptcy debate useful for planning your course of action.
As and when you will be declared bankrupt, your assets will be sold to make payment for dues that you
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