An IVA can be the right debt solution for people who are in serious debt. An IVA usually lasts for five years, during which period you won’t be able to get further credit. However, once your IVA is completed, your debts will have been cleared and you can apply for credit again.
You need to be aware that your IVA will still remain on your credit history for 12 months after its completion. To understand fully what's involved in an IVA it's best to seek debt help from Debt Free Direct. Our expert, impartial advice will help you to assess all the debt solutions which may be appropriate to your situation.
Call us free on 0800 083 1433 to find out more.
Controlling credit
If your credit repayments have become unmanageable, an IVA can be the right debt solution for you. Above all, it helps you avoid all the trauma and consequences of bankruptcy. But talk to us first in case your debts could also be overcome through other debt solutions such as Debt Management or Debt Consolidation.
Making a new life for yourself
With an IVA, you can look forward to becoming totally debt free after five years. But an IVA will probably only be suitable for you if you owe more than £15,000. But talk to us first to see whether an IVA really is the right debt solution for you.
Call us free on 0800 083 1433 Our phone lines are open 8:00 am and 9:00 pm Monday to Friday, or 9:00 am and 5:00 pm on Saturday and 10:00 am to 4:00 pm on Sunday. You can call free for an initial chat about your own debt situation.
