• Home
• IVAs
• Debt Management
• Debt Consolidation
• Debt Advice
• Bankruptcy Assistance
• Relief Orders
• Contact Us

Individual Voluntary Arrangements (IVAs)

We can setup an IVA in as little as 4 weeks. Our application process is simple and
we do not charge you a penny if your application is not successful.

IVA APPLICATION PROCESS

When you speak to National Debt Relief and identify an IVA as your best course of action this is what you will happen next

1) FIND OUT IF YOU CAN DO AN IVA and WHAT YOUR PAYMENT WILL BE
We will tell you how much you will have to pay towards your IVA.You will not make any payments to us until your IVA has been agreed by your creditors.

2) STOP PAYING
You will need to stop paying your existing unsecured creditors as we take charge of your IVA proposal.

3) WE WILL SPEAK TO YOUR LENDERS
We will ask them to accept your new payment for up to 60 months. This payment covers everything as your lenders take care of all fees and costs.

4) YOU MAKE YOUR AGREED PAYMENTS and ANY REMAINING DEBT IS WRITTEN OFF
Once you complete your agreed IVA payments and remaining debt is legally written off

5) YOU ARE DEBT FREE and CAN START TO BUILD YOUR CREDIT RATING AGAIN

Type your question here and click Start Chat. Live Chat by LivePerson

Personal Budget Checker Download our Budget Checker and work out your own financial situation. Email us your results & we can advise you from there.

Need Instant Debt Help? Fill in the form below & we'll call you Name: Email: Telephone: Debt Amount:   Best time to call... Anytime Morning Afternoon Evening

National Debt Relief © 2010 All rights reserved. Company Reg No: NI051195 Regulatory Bodies | About Us | Sitemap | Complaints Procedure * A fee is only payable where further services are requested. All fees will be explained in detail and discussed prior to commencement of any service or debt repayment plan. In the IVA our fees are included in your monthly payment to your creditors so you will not have to pay anymore than you can afford.  More suitable debt solutions may be offered which may result in different fees applying and we will discuss those with you during your initial consultation. Creditors may still contact you with promotional material or to fulfil contractual obligations to you but they should deal with us in all aspects relating to the outstanding debts. Acceptance of your IVA cannot be guaranteed but we will do our best. You must meet certain criteria which will be discussed with National Debt Relief advisors. Where we put a client forward for an IVA we believe they have an excellent chance of being accepted. Debts will only be written off where a client has made an agreed payment for a fixed period. In return the creditors agree to write off the remaining balance. Typically, our clients average debt write off is between 60-70% of the debt. What debt you have written off will depend on your individual circumstances and is subject to creditor approval and completion of the IVA. Your credit rating may be impacted for up to six years from the commencement of you IVA. Homeowners may be required to introduce equity if available. Phonecalls: Calls from a landline are normally free. Please consult your provider if you are unsure. Calls from a mobile may be subject to charges. If you get charged just ask us to call you back for free.