IVA Advice

We understand that IVAs can seem confusing, but if you qualify then it is the perfect way to avoid any stigma or lasting implications of bankruptcy.

An IVA is not suitable for all. That is why you need to seek advice about your IVA. IVAs.co.uk have a team of specialist IVA advisors who will go through your finances and see if an IVA is your right debt solution. 

IVAs are most suitable for those who owe more than £15,000 over three or more creditors and can afford to make a monthly contribution to their debt. An IVA is a legally binding agreement which sets out how much the debtor is going to pay to their creditors, over an average period of 60 months.

Expert IVA Advice:

This site goes into the basic detail about the workings of an IVA, but if you feel as though this might be the debt solution for you or you are considering your other options, it is important that you get specialist advice.

IVAs.co.uk have a team of experienced IVA advisors who can help to find out if this is the right debt solution for you.

Simply call us on our freephone number 0808 131 9103 or fill in the Quick Enquiry Form so we can call you back.

Entering into an IVA may adversely affect your credit rating for up to six years from the date of approval.

Your property will be protected within an IVA but you may be required to release all or part of any equity during the period of the arrangement.

Failure to complete the term of an IVA can result in bankruptcy.

(In Scotland, a PTD is the equivalent to an IVA.)