How does an IVA work?

It's very simple. All you do is make one affordable monthly payment to a qualified legal professional, who in turn distributes the payments according to the amounts previously agreed by your creditors in an IVA proposal. You do this every month, for 60 months, and at the end of the term any debt balances you still owe are written off.

You don't have to deal with nasty creditors any more, and all the hard work is done for you. More on how it works here.

Could You Apply For An IVA?

You could be accepted for an IVA if you answer yes to these four simple criteria:

  • £5,000 or more in debt
  • Have 2 or more creditors
  • Are employed or self employed
  • Have a surplus of income of around £70 before you pay your debts each month

See If you Qualify


Don’t feel alone in debt

270 people a day are declared insolvent or bankrupt.
£29,036 Average debt of each adult in the UK
1,854 Insolvency Cases handled by us in 2014

To find out more about managing your money and getting free advice, visit Money Advice Service, an independent service set up to help people manage their money.

IVA Example

Here is an example of how an IVA could make your debts affordable.

Example Unsecured Debts

1 Personal loan £8,000
2 Credit card 1 £6,812
3 Credit card 2 £4,092
4 Credit card 3 £5,399
4 Credit card 4 £5,200
4 Overdraft £700
Total Owed £30,204

Your Monthly Repayments Would Be

an IVA
(total contractual repayments)
an IVA
(total contractual repayments)
Reduced by

* Subject to creditor acceptance
* Payment subject to individual circumstances
* Credit rating may be affected
* Fees apply, subject to individual's circumstances. For more information on our fees click here

IVAs – Your Route To Debt Freedom

Think it's impossible to:

  • Stop creditors calling?
  • Keep your home and possessions?
  • Be debt-free?

Think again.

An IVA could give you your life back and pave the way to a happier debt-free future for you and your family.

"The real low point before my IVA was having my card declined at the supermarket. I had the kids with me and a full trolley of shopping all packed up in bags. I ran out of there dragging the kids behind me and I’ve never gone back." More testimonials here

Mrs Karen Collete, awarded an IVA in 2011.

Just think, no more:

  • Nasty phoncalls from creditors
  • Borrowing money from friends and family
  • Scrimping on cheap foods at the supermarket
  • Payday loans you have to keep rolling over
  • Dreading bills because you know you can’t pay
  • Running out of money within days of being paid
  • Having your cards declined at the till
  • Paying hefty charges for being a few pence overdrawn.
  • Pretending everything is ok when it’s not!

Could I Apply For An IVA
Online Today?

Absolutely, and getting the ball rolling is easy. All you have to do is call one of our experienced and friendly IVA Advisers on 0800 987 5337 or fill out the form above to apply for an IVA. They will go through all of your options and tell you straight away whether an IVA might be the right step.

Totally Debt Free
In 5 Years!

An IVA will last for 5 years meaning you will be back on your feet with your finances faster!.

5 star treatment


I have had a very good experience in trust deed could not do enough for me Thanks...

Elaine on 3rd March.

Alison Arden

Professionals who really know their stuff


Great people who made me feel at ease and guided me through the whole process professionally and efficiently....

Alison Arden on 20th Aug.