Individual Voluntary Arrangement (IVA)

An IVA is legal process for those with unaffordable unsecured debts over £15,000. (see if you qualify)

If you would like to be debt free in 60 months and DON'T want to take out another loan, then an IVA could be for you!

For those that qualify, an IVA can be the best way to sort out serious debt problems.

An IVA achieves all the following:

• Repay what you can afford
  You only repay what is affordable after taking into account your personal circumstances.
• Stops interest and charges
  Your debts will not increase and interest will be frozen.
  
• Stops harassment
  Stops creditors and debt collectors from chasing you.
• Stops court action
  Can stop bankruptcy proceedings and bailiffs.

An IVA is a no Fees Solution.

There are costs involved in setting up an IVA, however, fees are deducted from the money paid to your creditors. Fees are not added to your payments.

I want to do an IVA - What next?

Call us or submit the "Quick Enquiry" form. We will need to ask you about your financial circumstances.

• We will prepare all the paper work.
• You will need to instruct us to act on your behalf.
• Once instructed, we will contact all your creditors.
• We will request creditors suspend any action and freeze interest.
• We will draft your offer based on the information you have provided.
• When you are happy with the proposal, sign and return it to us.
• We will then carry out the administration process on your behalf.
• You do not have to attend the court or be involved in meetings or negotiations with creditors.
  

To apply you can simply fill out the "Quick Enquiry" form to the right and we will call you back. Alternatively you can complete our full "Application Form".