IVA (Individual Voluntary Arrangement)

If you have debts over £20,000 we can help you enter into an Individual Voluntary Arrangement (IVA) with your creditors under Government legislation.  The IVA is a legally binding agreement and once in place those chasing you for money will have to stop. With an IVA you'll also avoid the trauma of bankruptcy. 

• You only pay what you can afford each month for sixty months and/or offer a lump sum and you can be debt free.
• If you have equity in your property you may be required to release this towards repayment of your debt. Your creditors will then agree to write off the remaining debt that you can't afford to repay - what could be better! We believe the IVA offers the fairest deal for both you and your creditors.

Click here to see a rough guide as to the minimum amount you would be required to pay each month, based on what you owe, if you were, for example, to pay back 25% to your creditors (this is the minimum some creditors would accept). It also shows the amount they would then be writing off.

Interest and charges stopped immediately
and a large percentage of your debts could be written off!

One affordable monthly repayment
which could be as little as £200 per month

Our fees are paid out of what you pay the creditors

Compare IVAs to other debt options

See if you qualify for an IVA