An Individual Voluntary Arrangement, or IVA, is one particularly effective option for people in serious debt who want to avoid the consequences of bankruptcy. An IVA therefore usually only applies if you owe more than £15,000.
An Individual Voluntary Arrangement is just one of a number of possible debt solutions we can advise you about. Call Debt Free Direct today for expert, impartial advice that won't push you in any particular direction.
Call us free on 0800 083 1433 to find out more.
Handling your creditors
To enter into an IVA, your creditors need to agree to write off some of your debts, and that you can afford to repay the balance over a five year period. Your IVA provider will handle all negotiations with your creditors, with any proposal being legally binding on both them and you.
The right debt solution for you?
When you talk to Debt Free Direct, we'll also advise you about other debt solutions such as Debt Management and Consolidation Loans. If an Individual Voluntary Arrangement is the most appropriate solution and you'd like to proceed with us, you can. We're the No 1 IVA provider in the UK, making everything easier 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 financial situation.
