Take out an iva and give your mind a holiday from stress
An Individual Voluntary Arrangement is an agreement that you make with your creditors that is legally binding. It is available to individuals with £15,000 pr more of debt and is an alternative to bankruptcy that can help reduce the level of debt you have to repay whilst avoiding many of the problems that can be associated with declaring yourself bankrupt. When you are under a great deal of stress owing to financial difficulties it is important not to pull the purse strings so tight that you are unable to do anything at all. After entering into an iva you are committed to paying off the agreed amount but you can still treat yourself to a short break to relax and get away from it all for a while.
Guernsey is a lovely island that you can reach in a very short time from mainland UK ports and a couple of days in a nice hotel is not going to break the bank. The town of St Peter Port is a picturesque place to take it easy and enjoy the simple pleasures of life such as a walk along the seafront. After having made an arrangement with your creditors you should be able to forget about it all for a while, with the peace of mind that comes from finalising your iva. There are plenty of things to do on Guernsey to help take your mind off things – horse riding, cycling and wind surfing are all popular activities with many visitors.