Individual Voluntary Arrangement (IVA)
What is an IVA?
An IVA (Individual Voluntary Arrangement) is an agreement between you and your creditors to help you pay off your debts at an affordable rate. It allows any unsecured debts to be written off at the end of the IVA, and will usually mean your creditors get more of their money back than if they force you into bankruptcy. The IVA helps those in financial difficulties to make a formal proposal to settle their unsecured debt within a reasonable timeframe. All interest and charges will be frozen to 0% and creditors will be prohibited from demanding additional payments.
IVA Debt Helpline
Write Off Up To 70% Of Debt
Take advantage of this help scheme and write off up to 70% of debt.
Stop Creditors Contacting You
Once on an IVA it is illegal for your debtors to chase you for the debt.
Government Backed Solutions
Schemes the government brought in to help people with certain debt levels.
Freeze Interest And Charges
Freeze interest & charges on debts, and make them easier to repay.
Free To Use Service
Help with unsecured debt and free advice on practical debt solutions.
Free IVA Debt Advice
Get more information about an IVA and alternative debt solutions.