An individual voluntary arrangement (IVA) is an agreement to settle debt which you are struggling to pay.

Your creditors agree to accept reduced payments for a period of five years. At the end of this time, any outstanding debt is written off and you are left to continue your life debt free.

This means that in an average IVA, up to 70% of our unsecured debt is written off.

Additional interest and charges are stopped by law so once your IVA has started, the amount you owe does not continue to increase. 

How to Start

Got a question? Why not use the IVA Forum which gives you direct online access to the IVA experts

Call us now on 0800 077 6180 to discuss how an IVA might solve your debt problem