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.
You could be accepted for an IVA if you answer yes to these four simple criteria:
Here is an example of how an IVA could make your debts affordable.
|2||Credit card 1||£6,812|
|3||Credit card 2||£4,092|
|4||Credit card 3||£5,399|
|4||Credit card 4||£5,200|
* 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
Think it's impossible to:
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.
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.
An IVA will last for 5 years meaning you will be back on your feet with your finances faster!.
5 star treatmentI have had a very good experience in trust deed could not do enough for me Thanks...
Elaine on 3rd March.
Professionals who really know their stuffGreat people who made me feel at ease and guided me through the whole process professionally and efficiently....
Alison Arden on 20th Aug.