Individual Voluntary Arrangements (IVAs)

An IVA (Individual Voluntary Arrangement) is designed to help people with debts of over £15,000.

With an IVA you could...

Be Debt Free in 5 years
Freeze interest and charges on your debts
Stop harrasment from creditors
Write off debt you can't afford
Make 1 affordable monthly payment

Before entering an IVA
  Creditor 1: £9,000
  Creditor 2: £11,000
  Creditor 3: £10,000
  Total Debt: £30,000
After Entering into an IVA
Monthly Payment: £200
Total Amount Repaid: £12,000

Find out if you qualify for an IVA
Step 1: Tell us about your debts
Income
Living Costs:
Private and Confidential
Your privacy is very important to us. Any information you send to us will be treated with the strictest confidence.
The purpose of this form is to help us to identify your best debt solution.
Fill in the form and click on the button below.
Step 2: Tell us about you
First Name: *
Email:
 


How can an IVA help you to repay your debts?

By showing that your monthly living costs and debt repayments are more than your monthly income we will show that you cannot afford to pay your debts. This is where an IVA can help as you will repay only what you can afford without using money you need for essentials like your mortgage/rent payments, food and utility bills and other monthly costs.
After making the agreed IVA payments any remaining debt is legally written off and you can rebuild your credit file.

Stop your creditors taking action against you

Once you're in an IVA, you will not need to deal with your creditors anymore.

  • They won't be allowed to take any form of legal action against you
  • We will also assign you to a dedicated professional (case supervisor) who will handle all correspondence, look after your monthly payment and help you with any problems that may come up with your finances.

National Debt Relief are a "No Upfront Fees" IVA provider

There are many IVA companies who can help you with an IVA. Almost all of these companies charge upfront fees before starting work on your case. We do not do this. Any delay in your case simply costs you extra money and causes more hassle from your creditors.

When you apply for an IVA with us we start work on your case immediately. We can have your IVA in place in 4-6 weeks. When it is accepted all you will have to pay is your monthly payment. This covers all of our professional costs and your payments to your creditors.

If it is not accepted by your creditors you will pay nothing whatsoever.

All our IVAs are processed by our sister company McCambridge Duffy

Common Questions of the day...

What kind of expenses are included in my living costs?
Anything you need to pay on a daily or monthly basis is classed as a living cost. This includes 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.
Most of the allowable expenses are included in the IVA payment calculator.

Do I have to go bankrupt if my IVA is rejected?
No


Read more IVA Questions and Answers..