What is an IVA?
An Individual Voluntary Arrangement is an arrangement with your creditors, where they agree to be paid what you can afford to pay them each month, over a period of 5 years. It provides an option for those with unmanageable unsecured debts to be able to pay off their debts, without having to declare themselves bankrupt.*
Fill in the form above and our sister company, Leadbay, will put you in touch with a specialist advisor who can help with your situation.
* When the Individual Voluntary Arrangement is successfully completed, your unsecured debts contained within it will be written off. After completion, the effect on your credit file is likely to remain on file for 6 years. . If you fail to keep up IVA repayments this could lead to Bankruptcy or loss of assets. Repaying debt over a longer period may increase the total amount to be repaid. Your ability to obtain credit will be affected in the short term and might be affected in the medium to long term.
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Important
The content of this site is for information purposes only and does not constitute advice.