free iva advice

IVA Case Studies | Individual Voluntary Arrangements



Name: Ms W
Debts: £15,500

Written Off: £5,900
Young lady struggling to pay creditors £470 per month.
She entered into an IVA in September 2009 and her monthly payments were reduced to £160 per month. In 60 months she will be DEBT FREE.

Name: Ms H
Debts: £19,000
Written Off: £4,000
Single mother struggling to pay creditors £560 per month.
She entered into an IVA in September 2004 and her monthly payments were reduced to £250 per month. In 60 months she will be DEBT FREE.

Name: Mr K
Debts: £25,000

Written Off: £10,600
Client struggling to pay creditors £600 per month.
He entered into an IVA in September 2004 and his payments were reduced to £240 per month for the next 60 months when he will then be DEBT FREE.

Name: Mr M
Debts: £33,000

Written Off: £12,000
Client paying creditors over £920 per month. He entered into an Individual Voluntary Arrangement (IVA) in September 1999 and his monthly payments were reduced to £350.
In Sept 2004 he successfully completed his IVA and is now DEBT FREE.

Name: Miss N
Debts: £38,000

Written Off: £22,400
Client struggling to make monthly payments of £785 on approx £38k of debt.
We reduced this to £260 per month and in 60 months she will be DEBT FREE.

Name: Mr S & Miss W
Debts: £46,000
Written Off: £23,700
Clients were struggling with payments of over £700 per month to creditors. They entered into IVAs in September 2002 paying creditors £300 per month.
In May 2003 they proposed to re-mortgage and raised £19k which creditors accepted as full and final settlement. By July 2003 they were DEBT FREE.

Name: Mr S
Debts: £59,000
Written Off: £32,600
Client was struggling with monthly payments to creditors of £1,550 per month.
He enterd into an IVA in September 2004 and his payments were reduced to £440 per month for the next 60 months. After this time the client will be DEBT FREE.

Name: Mr & Mrs M
Debts: £106,000
Written Off: £54,450
Clients were struggling to pay creditors £2,500 per month. In February 2003 they entered into an IVA. Monthly payments commenced at £350, and in February 2004 they subsequently remortgaged, surrendered endowment policies and raised just under £47k. Creditors accepted this as full and final settlement. The clients are now DEBT FREE.
 
Fill in the form and one of
our friendly, expert debt advisors will call you.
First Name *
Surname *
Tel \ Mobile *
Other number
Email *

Your privacy is important to us. We will not send on your
details to any third parties.




Fill in our Debt Calculator
form to work out what you
could be paying your
creditors each month.
Debt Calculator