IVA's 
can write off a large percentage of unaffordable debt.
Clear options. Real people.
No judgement.
monthly payment
contact
no judgement
confidential help
What is an IVA?
An IVA is a formal debt solution for people with unsecured debts they are struggling to maintain.
During the IVA you make one affordable monthly payment typically for 60 months.At the end of the term any devt you still owe is wrritten off.
An IVA is a legally binding agreement so once entered, your creditiors can't back out or change the terms after they agree to them.
Your creditors cannot back out once terms are agreed.
Pros & Cons of IVA
Pros
- Your creditors are bound by your IVA once approved
- Creditors can’t take legal action against you in an IVA.
- Creditors can’t apply further Interest and charges, your debts are legally frozen.
- IVA payments are based on what you can afford.
- Your IP will distribute payment to creditors on your behalf.
- You may get a payment break if your situation changes.
- You won’t have to sell your home in an IVA.
Cons
- If you are a homeowner and your property has equity in it, you’ll need to try to re-mortgage which could result in an increased interest rate and a 12-month extension to your arrangement.
- Your credit rating will be affected adversely.
- Your IVA will be recorded on a public register.
- If your IVA fails, you could be at risk of bankruptcy.
- Your creditors need to agree to the IVA.
How it works
A simple process to help you find a solution that works for you.
See if You Qualify
complete our online form and speak to one of our friendly advisors to see if you qualify for an IVA
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!
Become debt free
we will help along the way until you become debt free!
Not sure where to begin?
No worries, we'll help you make sense of it all.
Be part of the success
(Here are some hypothetical examples of how an IVA could work)
Jenny W
£9000 in Debt
£107/M
John H
£16000 in Debt
£147/M
Jenny Wilson
£13000 in Debt
£123/M
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
Customers can get free debt counselling, debt adjusting and providing of credit information services from the MoneyHelper – an organisation set up by the Government to offer free and impartial advice to those in debt. For more information from MoneyHelper click here www.moneyhelper.org.uk You can find Government guidance on dealing with your creditors here.
Be part of the success
Our team is based in Manchester and is made up of real people.
IVA?
A solution for people with debts over £5,000. An IVA could help you write-off up to 81%* of your outstanding debts and pay one affordable monthly payment.
Debt management
A Debt Management Plan or DMP, is an informal agreement to pay back non-priority debts, reducing your monthly payments to a single affordable amount each month.
Bankruptcy
Bankruptcy is a formal debt solution for people with debts they cannot repay. It’s often viewed as a last resort but can be a great solution for people without the means to repay debts.
Debt Relief Order
A Debt Relief Order (DRO) is an agreement designed to help people who can’t afford to repay their debts, have a debt level of £50,000 or less and don’t own their home.