Iva

IVA UK

If you are currently living in England, Northern Ireland or Wales and are struggling to pay your credit cards, personal loans and finance agreements then an IVA could be the solution for you.

An IVA is similar to a debt management plan where an agreement is made with your creditors for them to receive a monthly payment.

The main advantage of an IVA compared to a debt plan is that your creditors are unable to take legal action against you. This can give immediate relief knowing that your debts are getting serviced whilst having only one monthly payment.

Advantages of IVA

Potential to reduce payments up to 70% or more
Lenders cannot take legal action
No upfront fee payable by yourself
All outstanding credit will be fully paid off after 60 months
Interest on all accounts will be frozen
Handled by a licensed Insolvency Practitioner
An agreement with the creditors to accept the proposal
The proposal is for the lenders to accept a lower amount than the amount outstanding
Payment calculated on disposable income before unsecured debt payments
Lump sum payments can be made
Licensed Insolvency Practitioner manage payments on behalf of yourself


	Amount of Debt*
	Number of Creditors*
	Monthly Income*
	Monthly Outgoings*
	Full Name*
	Contact Number*
	Email*
Your privacy is important to us. All correspondence is held in strictest of confidence and we will only request information required to find your best debt solution.

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