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Service rating

Write off up to
74%
of your debt

Reduce your monthly outgoings and take control of your debts with an IVA

Debt help and advice you can trust

Fast & Efficient Debt Service

Speak to us for confidential debt help. Our friendly, experienced advisors are ready to take your call and help you with any advice you need.

Write off your debt in 3 simple steps

1. Lets Talk

Tell us about your current debts and one of our experienced and friendly advisors can help you get the ball rolling.

2. Debt Solution

Dependant on your circumstances and financial situation, we'll let you know if an IVA is a potential solution for you.

3. We’ve Got It Covered

If you qualify for an IVA, we will take the necessary steps to set up and arrange this for you.

Credit Score

Credit Score Pop Up Wording : An Individual Voluntary Arrangement (IVA) is a formal agreement with creditors to repay a portion of your debts over time, but it does have an impact on your credit score and it will be difficult to obtain further credit whilst on an IVA. Once an IVA is approved, it is recorded on your credit report and will typically remain there for six years from the date it starts.
However, it’s important to note this is the case for most debt solutions and your credit score will likely already have been affected by being in debt in the first place.
Once your IVA is complete you will get a fresh start to begin rebuilding your credit rating.

Fees

IVA costs are charged for the preparation of your proposal and the administration of the arrangement for the full term (usually 5 years) these costs are charged from the monthly contributions you make into the IVA and are not in addition. Costs will only be recovered on approval of your arrangement and once you commence making payments to it. The fees for preparation of the proposal to creditors and calling the meeting for creditors to vote on its approval are called nominees fees, the fees for running the arrangement once approved are called supervisors fees. There are also some expenses incurred in the running of the arrangement such as the registration fee and the statutory insurance that needs to be taken by law, these are called disbursements. For our arrangements, the total of all of these is £3,650 although this may be adjusted by creditors when they vote on whether to accept. No matter what the end total of costs come to, you can be rest assured that these will be taken from the monthly payment we agree with you.