What is an IVA?
An Individual Voluntary Arrangement (IVA) is a genuine alternative to bankruptcy if you have substantial unsecured debts and cannot afford to meet your monthly repayments. IVAs are backed by Government legislation and can only be set up by licensed Insolvency Practitioners (IP) such as Debt Advisers Direct.
An IVA acts as a legally binding agreement between you and your creditors, freezing interest charges on your debt and enabling you to pay back only what you can afford, over a fixed period; normally 60 months.
What can an IVA do for me?
- IVAs avoid legal action such as bankruptcy
- You can protect your home from creditors with an IVA
- IVAs freeze all interest and charges
- Stop letters and phone calls from creditors
For further IVA advice, call today in confidence and speak to one of our experienced IVA advisers: They understand how you feel and are sympathetic to your situation. They will advise on the most appropriate solution for your circumstances.
Alternatively, complete our online enquiry form on this page.
Further IVA information links:
Get free IVA help now
Contact us on the number below or make an online enquiry using the free call back form on this page.
Subject to eligibility and acceptance, debt write-off applies on completion of an Individual Voluntary Agreement, alternative solutions may be offered. Fees payable. Your ability to obtain credit will be affected. Homeowners may be required to remortgage during the term. Calls may be recorded.
Debt Advisers Direct © 2008 All rights reserved. Debt Advisers Direct is a trading style of Freeman Jones Limited.
Carlton House, Vere Street, Salford M50 2GQ. Company registration No. 4348410. Registered in England and Wales



