Could an IVA fit?
Common signs it may be worth a conversation.
£6,000 or more in unsecured debt
Two or more creditors
Regular income for a monthly payment
What an IVA actually is — and isn’t
It is a legally binding plan, arranged by a licensed Insolvency Practitioner. You make an affordable payment and, if you complete the plan, remaining included debt is written off. It is not suitable for everyone.
It can help
Interest and charges can be frozen, with creditor contact reduced.
Know the risks
Your credit file is affected for six years, and missed payments can make the plan fail.
Four steady steps
Tell us your situation
Share your income, debts and essential costs.
Check every option
Compare an IVA with the alternatives.
Prepare a proposal
A licensed practitioner handles creditor approval.
Repay and move on
Make one agreed payment until the plan ends.
Advice you can lean on
A responsible debt review considers your full circumstances and explains benefits, costs and risks before you decide.