Both the IVA and informal agreement take into account the amount of money you have to pay your debts each month
. After reaching an agreement with your creditors, you will likely have money left in your monthly budget to enable you to enjoy your life without having worry about paying your debt problems as much. The peace of mind that comes with using one of these debt programs can greatly improve your quality of life. You will be able to enjoy your life more once you have a solid repayment plan on the records.