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Find out if you qualify for an IVA

Your information is safe with us, we will not share your information with any third parties.
Your information is safe with us, we will not share your information with any third parties.

Fill out the form above

Provide the required information in the form above and allow us to determine the best option for your personal circumstances

Finding a better solution

We will aim to determine a solution which is more affordable, will reduce your monthly payments and even write off unaffordable debt

Dealing with your creditors

You can then contribute an amount you can afford each month and we will distribute the payments between your creditors

Is an IVA your best answer?

An Individual Voluntary Arrangement (IVA) offers a way to pay off what you can towards your debt, while giving you protection from your creditors and a fresh start. At IVAPlan.co.uk you can find out:

• if you could qualify for an IVA
• how it works
• important points to consider before going ahead
• alternatives to IVAs.

What is an IVA?

An IVA is a legally-binding debt solution for people in England, Wales and Northern Ireland. You make one affordable payment each month for an agreed period of time, usually 5-6 years. Provided you fulfil your obligations under the arrangement, your creditors are not allowed to take action against you to recover the debt, and at the end of the contribution period you are no longer liable for any remaining debt.

What about my home?

You should be able to stay in your home, although you may have to release any equity through remortgaging or making contributions from your income for a longer time.

Is an IVA right for me?

• Do you live in England, Wales or Northern Ireland?
• Is your problem debt mainly unsecured lending such as personal loans and credit cards?
• Are you struggling to afford your current payments?
• Is it unlikely that you could pay off your debts in a reasonable time period?

If you can answer yes to these questions then you may qualify. However there are several solutions available in the UK. All have their advantages and disadvantages and it is vital that you get the correct advice before going ahead.

I’m in Scotland – can I get an IVA?

In Scotland you can access other debt solutions such as Protected Trust Deeds or a Debt Arrangement Scheme. Contact us for advice on managing debt in Scotland.

How do I apply?

An IVA has to be arranged by a qualified Insolvency Practitioner, who has to give you advice on the full range of debt management options open to you. We’ll put you in touch with experienced debt specialists who can advise on the best solution for you. Contact IVAPlan.co.uk and get on your way to being debt-free.

For debt help in Scotland please click HERE.