IVA

If you live in England, Wales or Northern Ireland, you may qualify for an IVA.

Call today on 08000 431 431

An Individual Voluntary Arrangement (IVA) is an alternative to bankruptcy. It is a legally binding agreement between you and your creditors. It enables you to repay your creditors at an amount you have shown you can afford for a fixed period of time (usually five years).

At the end of this period, any monies still outstanding are legally written off, with your creditors' approval, leaving you debt free and able to make a fresh start.

On approval of the IVA, all interest and charges stop. Creditors are not allowed to pursue you with phone calls, demand letters or any legal action relating to your unsecured debts.

An IVA will provide you with the knowledge that you have just one affordable payment to make each month.