Individual Voluntary Arrangement

An IVA is a legally binding debt solution which allows you to write off unaffordable unsecured debts using government legislation. During the arrangement, creditors can take no further action and your interest is frozen. You make one affordable monthly repayment over a term which is typically 5-6 years. Once the IVA is complete, any outstanding debts are written off. If you are living in England, NI or Wales, you may be eligible for this help.

Are you eligible?

Live in England, NI or Wales
Have a minimum of £6000 of debt
Owe money to 2 or more creditors
Have a stable income

Are you eligible?

Live in England, NI or Wales
Have a minimum of £6000 of debt
Owe money to 2 or more creditors
Have a stable income

Benefits

Considerations

Need help with debt? Speak to us today!

Find out if you qualify

Leave an enquiry on our website and one of our experienced specialists will give you a callback.  They will work with you to create a budget that is affordable and sustainable for you based on a nationally recognised budgeting tool.  Once this step is complete, they will give you a balanced overview of the available debt solutions. If you decide to proceed with an IVA we will pass your information onto one of our authorised partners.  They will give you further information on an IVA and the other options available to you. There is no fee for these initial calls, but if you do decide to proceed with an IVA there are fees that are built into your affordable monthly payment. These will be discussed with you in full before you proceed with the application.

  • Credit cards
  • Store cards
  • Personal loans
  • Payday loans
  • Overdrafts
  • HMRC debts
  • HP shortfalls
  • Rent Arrears
  • Gas and electricity arrears
  • Council tax arrears
  • Debt to family and friends
  • Mortgage
  • Secured loan
  • Court fines
  • Student loans
  • Child support arrears
  • Social fund loans
  • Fraudulent debts
  • TV License arrears