IVAs

The IVA Advantage

  • End to creditor telephone calls and payment demands
  • Legally binding agreement to get rid of your debts so you'll know exactly where you stand
  • All interest rates and late payment charges are frozen
  • A single affordable monthly payment at the end of which your remaining debts are discharged
  • Can help write off up to 60-70% of your debts
  • Repaired credit rating after the agreement ends
  • Retain your car and home

NB. An IVA may NOT be a suitable option for you, depending on your circumstances. Please go to IVA Information for more details

Call us FREE now on
0800 16 999 46
for IVA advice


Bookmark and Share Follow us on Twitter
Live Callback - Enter your name and number and we'll call you back FREE Do I qualify?
Title

Firstname

Surname

Total Unsecured Debt (£)

No. of Creditors

Monthly Disposable Income

Telephone

Email

1st line of Address

Postcode

How did you hear about us?
Apply for an IVA
IVA info

IVA Costs

The costs of an IVA

The costs of setting up and running an IVA consists of:

1. Nominees' Costs
2. Supervisors' Costs

These IVA costs include the costs of gathering all the information required, preparing the IVA proposal, preparing and filing the Nominee's report, sending the IVA proposal to the creditors, and holding the creditors' meeting.

Do I have to pay any up-front IVA costs?

No.

When your IVA is approved, you and your creditors will agree an affordable monthly contribution for you to make towards paying off your debt. This amount will be based entirely on your personal circumstances: income, expenditure and debt levels.

The contributions you pay will have our fee incorporated into it. In order to accommodate our fees, your creditors will accept a reduced return under the terms of the IVA.

Money Debt & Credit never takes an up-front fee, so even if your IVA is not approved, you have nothing to lose.

Free IVA advice

For any further information or questions, please call us for free on 0800 16 999 46 and one of our highly trained advisors will be happy to help.