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IVA UK Guide & Advice – Debts

IVA


An IVA will allow you to clear 70% off your debt and keep your assets. An IVA UK programme is a formal agreement established between you and your creditors that allows you to make affordable payments for just five years. Once your IVA programme is completed all remaining debts are cancelled!

During the course of your IVA, an insolvency practitioner will supervise the agreement to ensure your creditors stay within the terms of the arrangement, giving you both protection and peace of mind.


How we can help you

Say goodbye to money worries and hello to financial freedom with an Individual Voluntary Arrangement. An IVA is less drastic than bankruptcy, so getting out of debt quickly is simple and affordable.

Our team of debt specialists will negotiate with your creditors to ensure you pay a monthly instalment you can afford. 


10 Reasons to Choose an IVA

  1. Keep your assets - you will not lose your home or car
  2. Protect your privacy - unlike bankruptcy your IVA is not made public
  3. Safeguard your job - IVAs don´t stop you from holding certain positions
  4. Save money - the arrangement fee is cheaper with an IVA than filing for bankruptcy
  5. Prevent legal action – your creditors cannot take you to court
  6. Stop harassment - creditors must not contact you directly
  7. Reduce debt - an IVA can reduce your debt by up to 70%
  8. Give you a fresh start - after five years all remaining debt is cancelled
  9. No stigma - there is no stigma attached to an IVA, which can still be the case with bankruptcy
  10. No disruption to family life - as you will not lose your home, you won´t need to uproot your family and your children can stay at the same schools

Contact Us

Our friendly IVA specialists are waiting to hear from you, call us on 0800 520 0923 or complete the online form. Act today and enjoy life debt free after just five years of affordable monthly payments.

Remember, keeping your assets means you won’t have to lose your home or car to repay your creditors. And because your IVA is a private matter you don’t have to worry about your name appearing in any newspaper.

Call us today to put an end to creditor harassment and to give you peace of mind and a debt-free future.