What is an Individual Voluntary Arrangement (IVA)?
Suitable for people who have debts of £12000 or more and are struggling with monthly repayments. An IVA can help:
- Write off upto 70% of your debt
- Stops creditors hassling you and we deal with them
- Freeze all interest and no late payment charges
- You wont loose your home ( as long as payments are maintained)
- In 60 months you will be debt free and the rest is written off
An IVA is a legally binding agreement between you and your creditors. We help to calculate what you can realistically afford to repay each month and propose the IVA to all your creditors. Upon approval, you will pay one monthly payment you can afford and we will distribute the payment to all creditors. In 60 months you will be debt free and the rest is written off. An IVA is a real alternative to bankruptcy.
Of course an IVA is not for everyone and we promise to offer you this option only if it is exactly right for you.
Useful Links: Insolvency Service Guide - In Debt
Please speak to a personal consultant and start the process today call now on 0800 988 99 88
