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:
Complete our 30 second online form to see if you qualify for an IVA. Or you can call us directly on 01565 325 030
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.
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!
(Here are some hypothetical examples of how an IVA could work)
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