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IVA is short for Individual Voluntary Arrangement. It is a way of helping people who are struggling with serious debt to deal with their situation.

An IVA is a formalised solution which ties in your creditors to follow the contract in a similar way to bankruptcy. There are, however, significant benefits under certain circumstances including not having to sell your home or declare an IVA to your employer.

This is not to say that it is right for everyone or that there are no downsides to an IVA. For more information please visit our IVA Page.

Important Information About Our Service & Fees

Whilst we strive in all cases to negotiate the best deal with your creditors, we cannot guarantee a reduction in interest or charges. Also as one of the largest providers of debt management solutions in the UK, we are able to provide initial advice over the phone without charge, however, if a debt solution is taken out, please be aware that fees will be charged. We aim to keep these fees as low as possible and believe that we are very competitively priced, for detailed information on our fees, including examples for each product, please click this fees link.

Further Additional Information

What if you decide that I don't want to go ahead? - click here.

Will your credit rating be affected? - click here.

The insolvency service has produced a guide for people who are struggling with debt. This guide outlines each of the available solutions. You can download the guide by clicking the following link - In Debt? Dealing With Your Creditors.

If an IVA is not maintained it could lead to bankruptcy.