Click Below to Review the Standard Terms and Conditions for IVAs
IVA Standard Terms and ConditionsMD&C Data Protection Statement A Guide to Fees - Post 6th April 2010A Guide to Fees - Pre 6th April 2010Insolvency Staff's Hourly Charge Out RateMDC Grievance Handling ProcedureOnly applicable for an
Individual Voluntary Arrangement (IVA) - Conditions Apply: Subject to eligibility. Debt write off applies only where an
IVA is suitable, adhered to and at the end of the arrangement. This relates to
unsecured debts that were included in an
IVA and does not include any secured debts, mortgages or Hire Purchase items. Alternative solutions may be offered if they are appropriate for your circumstances. Failure to adhere to an
IVA can result in bankruptcy. An
IVA should only be considered in extreme circumstances. It is a formal, legal agreement supervised by an
Insolvency Practitioner and will seriously affect your credit rating for, in some cases, generally up to 72 months, after initial default.
Fee Payable – this is paid out of your agreed monthly contributions in your IVA and you will be notified of this in advance. Homeowners may be required to re-mortgage/ introduce funds, during the term of the arrangement.
Money Debt and Credit Ltd: Registered Office: 45 Clarendon Road, Watford, Hertfordshire, WD17 1SZ. Financial Service Authority Number: 461643, Consumer Credit Licence Number: 593490.
Insolvency Practitioners at Money Debt and Credit Ltd act without any personal liability
Money Debt and Credit Ltd, Registered in England & Wales No.05588842.
Registered Office: 45 Clarendon Road, Watford WD17 1SZ