Lucy Novo Deakin is a licensed insolvency practitioner in the UK by the Insolvency Practitioners Association (IPA).

My Debt Plan Ltd provides insolvency solutions to individuals, specialising in IVAs. All advice given is provided in reasonable contemplation of an insolvency appointment. Where you are not suitable for an IVA, we may refer you to one of our trusted partners who specialise on alternative solutions. 

Registered address 2nd Floor Blenheim Court, Cheadle, Cheshire, England, SK8 2JY Company Registered in England and Wales Number 10992838 Data Protection ZB284067.

To find out more about managing your money and getting free advice, visit Money Helper, an independent service set up to help people manage their money. Or visit our sister site Bailiff Helpline for all your bailiff help & advice. 

**Of 2,381 IVA cases approved between January-December 2023, the average expected write off assuming successful completion is 74%.

*Our advice on your options is always free. We will always notify you if a solution you choose has any cost.

A debt write off amount between 25% and 75% is realistic, however, the debt write off amount will differ for each customer dependent upon their individual financial circumstances and is subject to approval of their creditors. Any remaining qualifying unsecured debt in your IVA will be written off, however some unsecured debts will be excluded, such as court fines, child maintenance and student loans, therefore you will need to continue paying these both during and after the IVA.