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In Debt? Dealing With Your Creditors

  

Why people choose us

Acceptance Rates
94% of IVA's we propose
are accepted by creditors

Reputation
Established for over 7 years and enjoy an excellent relationship with creditors.

Regulated
Regulated and monitored by the Insolvency Practitioners Association

Customer Satisfaction
Rated 4.43 out of 5 from our customer surveys and 4.4 / 5 on reviewcentre.com* 100% of customers would recommend us to a friend*

*Review scores correct as at August 2015 *Recommendations are taken from reviews submitted between June and August 2015

  

  

  

  

Home » IVA’s » IVA Regulation

IVA Regulation

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Insolvency Practitioners Association

In order to operate as a Licensed Insolvency Practitioners you must have a Licensed Practitioner who is subject to regular inspections by their regulators to ensure the expected standards and obligations are maintained.

At Debt Support Centre Gregory Mullarkey is our Licensed Insolvency Practitioner and he is regulated by the Insolvency Practitioners Association who carry out regular audits of our conduct and procedures to ensure the highest of standards.

You can therefore be assured when dealing with Debt Support Centre that the service and assistance we provide is accountable to higher bodies.

Gregory Mullarkey
Licensed Insolvency Practitioner
License Number – 101736
Licensed By – The Insolvency Practitioners Association

r3

Association of Business Recovery Professionals

Gregory Mullarkey is a member of R3

The Association of Business Recovery Professionals, is the leading professional association for insolvency, business recovery and turnaround specialists in the UK. Known by its brand name ‘R3’, it promotes best practice for professionals working with financially troubled individuals and businesses. R3 has representation around the UK and provides a forum for debate on key issues facing the profession. It is a private limited company by guarantee and operates as a not-for-profit organisation.

Full R3 members are regulated by one of the nine recognised professional bodies, these are:

  • The Association of Chartered Certified Accountants
  • The Insolvency Practitioners Association
  • The Institute of Chartered Accountants in England & Wales
  • The Institute of Chartered Accountants in Ireland
  • The Institute of Chartered Accountants of Scotland
  • Solicitors Regulation Authority The Law Society
  • The Law Society of Scotland
  • The Law Society of Northern Ireland, Secretary of State / Department for Business, Innovation and Skills (BIS)
  • The Bar

Do You Qualify for an IVA?

What do our Customers say?

" I really don’t know what I would have done without the IVA. I was recommended by my brother’s friend back in 2008 who was in a similar situation. Definitely the right thing for me to do. I am now building up my credit status so I can hopefully obtain a mortgage in the future. I am more careful with money / finances now and don’t take credit for granted! Thanks very much for everything the team has done for me!"

Mrs Purser,

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Important Information

Subject to eligibility and acceptance. Fees Payable. Debt write off applies to unsecured debts only and on completion of an IVA. If your IVA fails, it could lead to Bankruptcy, although this is rare and alternatives may be available. Your ability to obtain credit will be affected for the medium to long term. Homeowners may be required to release the equity in their property, if unable to release equity and equity is available creditors may request an additional 12 months payments in compensation.

Debt Support Centre Ltd provides insolvency solutions to individuals, specialising in IVA's. We do not administer or provide advice solely relating to debt management products, such as Debt Management Plans. Advice and information on alternative options will be provided following an initial fact find were the individual(s) concerned meets the criteria for an IVA and wishes to pursue it further, as governed by our regulators The Insolvency Practitioners Association. All advice given on any alternative options is therefore provided in reasonable contemplation of an insolvency appointment.

The Money Advice Service is a free service set up by the Government to help people make the most of their money. If you would like to learn more click here.