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I-V-A.org.uk
IVA Help and Debt Solutions
Impartial assistance with your debt problems.
IVA Frequently Asked Questions
What is an IVA?
IVA's or Individual Voluntary Arrangements were introduced by the government as part of the Insolvency Act 1986 as a way for people to overcome debt problems without resorting to bankruptcy. Under the terms of the IVA you commit to paying a single affordable monthly payment for a fixed period of time. These payments are then distributed to your creditors to pay off your debts. At the end of the IVA any remaining debts will be written off leaving you debt free.
Impartial IVA Help
I-V-A.org.uk is a part of the Financial Guardian group of independent debt counsellors. We offer free independent financial advice to individuals throughout the UK. Our experienced staff are here to help you to overcome your financial difficulties.
Should you require more information please call us on freephone 0800 043 50 43 or alternatively complete our enquiry form and one of our advisors will get back to you.
Example Case
Mr Bennett struggled to pay £800 per month on total debts of £27,000. As his family income had changed significantly we were able to gain approval to reduce his monthly payments to £250 and he will be debt free in 5 years.
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Testimonial
"A big thank you for all the time and effort spent working on our case, and the encouragement and support given. We had a lot of worrying times but feel such relief now our IVA is in place".
Mr & Mrs Campbell