AToM launches IVA to help struggling debtors

The product, AToM Individual Voluntary Agreement, will enable clients who are struggling to pay off debts in excess of £15,000 to protect their homes and repay a realistic amount of debt. Due to mounting debt problems, more than 4,000 IVAs are being taken out each month in the UK. The IVA is popular as it puts a stop to further interest and charges, agrees fixed repayments over a period of time, and is totally confidential. AToM says mortgage brokers will be able to speak to the AToM IVA team at Grant Thornton about their client circumstances and, because a remortgage or secured second c...