Individual Voluntary Arrangements (IVAs)

• Do you have unsecured debts of over £15,000 that you are struggling to repay?
• Are creditors harassing you?
• Is your debt-worry causing you stress?

An IVA is a formal, legally-binding proposal by the debtor to the creditors. In this, the debtor commits to repay a certain percentage of the debt over a period of time (usually 60 months).

The repayments are monthly and fixed. They are decided according to what the debtor can afford to pay. The unpaid debt after the end of the IVA is wiped out by the creditors. This write-off can be as much as 70% of the total debt!

Is an IVA the right thing for you?

Although an IVA is a great way to fend off pressure from creditors, it has long-term financial implications.

We use the UK's best-known Licensed Insolvency Practitioners. Our debt counselors offer you impartial and professional advice absolutely FREE. Taking into account your unique circumstances, we offer you a tailor-made IVA solution. It will ensure affordable monthly repayments and see you debt-free in five years flat!

What are the benefits of an IVA?

Still not sure if an IVA is the right option? Review the benefits of Debt Survival setting up your Individual Voluntary Arrangement, to see what impact it could have on your life today!