You've heard of an IVA, but what is an IVA?

An IVA (Individual Voluntary Arrangement) is an important piece of government legislation. The Government encourages people to seek IVA advice to reduce the number of bankruptcies and to offer an alternative to people with debt problems. An IVA could potentially allow you to legally write off as much as 70% of your existing debts. With An IVA, you cut your debts by compromising with your creditor while ensuring that your home and job is not at risk.

How much should you pay approximately in an IVA? There is no easy answer to this question, as calculations normally use averages that do not always apply to people, whose situations can hardly be assessed in averages and criteria. There are different circumstances surrounding each case that may vary the payment required every month for an IVA. A more decreased monthly payment may be required initially in some cases, while other circumstanes may dictate different approaches.

First, let's see if an IVA will be a suitable debt solution for you, then we can give you a payment estimate:

  Total Unsecured Debt
Are you a home owner?
YES NO		  
  Current Monthly Payment
Number of Creditors
  
  First Name
Last Name
  Home Number
Mobile Number
 
  Email Address
Post Code
 
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