How An IVA Works

An IVA (Individual Voluntary Arrangement) can be an effective solution to serious debt. With an IVA you agree to pay your creditors only what you can afford, usually over a five year period. The creditors write off the rest of your debts so that at the end of the five years you are debt free.

Of course an IVA depends entirely on your creditors agreeing to this arrangement. Call Us for FREE to find out more about IVAs and other
debt solutions.

Why your creditors may agree to an IVA

If your debts are so serious that there is a very real risk of you going bankrupt, this might mean your creditors could end up with nothing or very little at all. In these circumstances they may well agree to an IVA so that they at least get back more of their money.

Will an IVA work for me?

This depends on your individual circumstances. If you have debts in excess of £15,000, but are in regular employment, an IVA could be your best solution to getting out of debt. But there are still alternatives.
Call us for FREE so that you can get all the expert, honest and impartial advice you need to make your decision.

If you are worried about your debts to find out how best
we can help you contact one of our advisors on 0808 222 1020
or fill in the form opposite.