- Get one affordable monthly payment
- Stop all creditors contacting you
- Consolidate all unsecured debt
- Become debt free!
How much do you owe?
How much you could write off with an IVA*
What is an IVA?
An IVA is a formal debt solution for people with unsecured debts they are struggling to maintain, that want or need to avoid being declared bankrupt by their creditors.
During the IVA you make one affordable monthly payment typically for 60 months. At the end of the term any debt you still owe are written off.
An IVA is a legally binding agreement so once entered, your creditors can’t back out or change the terms after they agree to them.
Please note entering into an IVA will affect your credit rating for 72 months
Some of the things the lenders will have to abide by are the following:
Pros & Cons of IVA
PROS
CONS
May not be suitable in all circumstances. Fees may apply, Entering into an IVA will affect your credit rating, Any potential disadvantages of entering into an IVA will be explained on application. A debt write off amount of between 25% and 75% is realistic, however, the debt write off amount for each customer differs depending upon their individual financial circumstances and is subject to the approval of their creditors.
How does an IVA work?
See if You Qualify
Complete our 30 second online form to see if you qualify for an IVA. Or you can call us directly on 01565 325 030
Quick Chat
At a time that suits you, one of our friendly, experienced advisors will contact you to discuss your options. This is 100% free and confidential.
Your Choice
If an IVA is the best solution for you, we can start the ball rolling whenever you’re ready. We will help along the way until you become debt free!
Be part of the success
(Here are some hypothetical examples of how an IVA could work)
Jenny W
£9000 in Debt
Old payment pm
NEW PAYMENT
Per Month
John H
£16000 in Debt
Old payment pm
NEW PAYMENT
Per Month
Catherine H
£13000 in Debt
Old payment pm
NEW PAYMENT
Per Month
May not be suitable in all circumstances. Fees may apply, Entering into an IVA will affect your credit rating, Any potential disadvantages of entering into an IVA will be explained on application. A debt write off amount of between 25% and 75% is realistic, however, the debt write off amount for each customer differs depending upon their individual financial circumstances and is subject to the approval of their creditors.
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After getting myself in a pickle I came across this site absolutely fantastic guys Anthony has been amazing always answered my calls when I’ve been so ...
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Just Some Of The Creditors We Could Help You With
Free Debt Advice
IVA?
A solution for people with debts over £5,000. An IVA could help you write-off up to 90%* of your outstanding debts and pay one affordable monthly payment.
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