When we have a chat about your situation and your options, you can rest assured that we have your best interests at heart. It is important that we advise you responsibly and objectively. We will let you know of all options available to you that are best for addressing your debts.
You can be safe in knowing that your information is safe with us. We do not pass any information on to any third parties and all of our advice is completely confidential. You are under no obligations by getting debt advice from us.
Unlike our competitors, we do not charge any upfront fees for the services we offer, saving you both money and time, which you need if you are opting for any of our debt solutions.
We are one of the only IVA companies who do not charge upfront fees. Paying any provider upfront fees will only cause a delay your IVA being accepted and cost you extra money that is completely unnecessary. If your IVA is rejected you will lose this money. DO NOT PAY UPFRONT FEES EVER!
We get to work on your case immediately. We can have your IVA in place in 4 weeks.
We have an amazing acceptance rate for IVAs proposed. We know any IVAs we propose will have a great chance of being accepted. We also fight very hard for every client to make sure their IVA proposal is carefully considered by the creditors. Our proposals will always be based on something that is affordable and because of this every IVA we propose will be unique.
We have an excellent customer care team. We are a family run company and our advisors have all been with us for many years. They are highly trained and will be able to answer any question quickly and professionally. You will also find us very friendly.
Our company is part of McCambridge Duffy, a company that has been established for 80+ years. In this time we have gained a reputation for our ethical approach. We only recommend an IVA if it is your most appropriate option, and all other options will be discussed too. We are one of the best known IVA companies in the UK and have thousands of IVA clients.
At National Debt Relief we are driven by providing just that...
"Debt Relief" to people who really need it.
We believe that everyone should have access to sound advice, information and the best possible options for their situation. We pride ourselves on offering good quality, caring customer service.
Our philosophy is reflected in the feedback we receive from our many happy clients and the results in the successful plans we put forward. Read some of our testimonials below taken from our many client reviews.
We offer a range of serivces to help you, so if an IVA is not your best option or if you would prefer something else, we can help with that too.
We also offer debt management plans as well as IVAs. Debt management is a good way to informally deal with problem debts.
We offer a free advice only service where we can review your financial situation and let you know of all of your options.
Below are just some of the questions we are asked most often. If you have your own question that is not answered please ask by clicking on the Ask a Question button below.
An IVA can be used by nearly all UK residents.
It really is suitable for lots of different situations.
Anything you need to pay regularly is classed as a living cost. For example, Mortgage/Rent, Food/Groceries, Clothes, Travel/Transport, Car HP, Fuel, Parking costs, Council Tax, Electricity, Gas, Heat and Light, Phone, Mobile, Internet, even Sky TV if you have it...
In an IVA you will have an agreed budget for your all your living costs. These expenses will be mostly based on what you currently have to pay out each month. You should declare all normal monthly expenses so we and your creditors can understand the full extent of your situation. There may be restrictions on some expenditure items, such as mobile phone for example. There may also be extra allowance for special circumstances in some cases.
Typically an IVA can last for about five years, but in some cases this can be extended. It is also possible to do an IVA in a shorter period of time, if you can produce a partial or full lump sum of money. The good thing about an IVA agreement is you will know exactly when it is complete as it will be outlined in your agreement.
Whilst you are in an IVA, you will understandably not be able to obtain credit of any sort and you will have to give up any existing credit that you have. This continues until your IVA is complete. So, your credit rating is not affected forever. When it is finished your credit rating should begin to repair itself.
Initially, all you need to do is simply complete the IVA online application form. By doing so you are asking us to review your current circumstances and advise whether an IVA is indeed the most appropriate solution to your problems. Once we receive your application, we will either confirm an IVA as appropriate or offer alternative solutions.
If an IVA is deemed appropriate, and you still wish to pursue this option, we provide you with an opportunity to ask one of our specialists any further questions you may have. We will then produce your "Proposal to Creditors" which explains in detail the circumstances of your current problems and your proposals to repay what you can reasonably afford.
The proposal is sent to you for review. If you're happy with everything you sign the proposal and we commence formal negotiations with all your creditors to put the IVA in place. At no time throughout this whole process (usually 6-8 weeks) do you pay any monies over to us.
Most creditors are fully aware of an IVA, as it's been in existence for over twenty years. If 75% of your creditors by value vote in favour of your IVA, then all creditors are bound by its terms. Creditors can suggest alterations to your proposal and you can choose whether to accept them or not. If your creditors vote against your proposal you still have the option of an informal arrangement.
If you’d like more information on other sources of free debt help and advice you can visit MoneyHelper – an organisation, backed by government and set up to offer free and impartial advice to those in debt. - Click here to visit MoneyHelper
We are happy to provide you with debt advice only. We only charge a fee if you opt for one of our debt solutions. Fees will depend on which debt solution we provide and what your personal circumstances are. All fees will be discussed prior to commencement of any service or debt repayment plan.
Click here to read our fees and key info
Please note: From time to time we may refer you to other services providers or charities such as the CAB.
The simplest way to find out if an IVA is right for you is to have a chat with one of our advisors.
Enquire about an IVA