Write off up to 78% of your debt with an IVA
A legally binding agreement that freezes interest, stops creditor contact, and gives you one affordable monthly payment for 60 months.
- 78%
- Average debt written off
- 60 months
- Fixed term
- 1 payment
- Per month
- £0 upfront
- No fees to start
The advantages
Why people choose an IVA
Write off up to 78%
Only repay what you can realistically afford. At the end of your IVA, any remaining unsecured debt is written off completely.
One monthly payment
All your debts combined into a single, affordable payment. No more juggling multiple creditors and due dates.
Legal protection
Once approved, creditors are legally bound. They must stop all contact, enforcement action, and recovery proceedings.
Interest and charges frozen
From day one, no new interest, penalty fees, or default charges can be added to your qualifying debts.
Fixed 60-month term
A clear end date from the start. After 60 months of affordable payments, you are officially debt-free.
Free initial advice
Your first consultation costs nothing. We assess your situation, explain your options, and only proceed if an IVA is right for you.
How it works
Your route to debt-free
Day 1
Free assessment
A qualified adviser reviews your income, outgoings and debts at no cost. We explain whether an IVA is right for you — with no pressure and no obligation.
Week 1
Adviser consultation
Your Insolvency Practitioner prepares a formal IVA proposal outlining what you can realistically afford to repay each month, then presents it to your creditors.
Month 1
IVA begins
Once creditors holding 75% or more of your debt vote in favour, the IVA is legally binding on all of them. You start making one affordable monthly payment.
Month 60
Debt free
After completing your agreed term, any remaining unsecured debt included in the arrangement is written off entirely. You get a genuine fresh start.
Check your eligibility
Is this right for you?
You’re likely a fit if…
- You owe £6,000 or more in unsecured debt
- You are struggling to keep up with monthly payments
- You owe money to two or more creditors
- You are a UK resident
- You have a regular source of income
It may not be right if…
- Your debt is mostly secured (mortgage, car finance)
- You owe less than £6,000 in total
- You are comfortably meeting all your payments
- You are not a UK resident
- You are already in an insolvency procedure
Questions
Questions, answered honestly
2-minute check
Struggling with debt? See your options in 2 minutes.
Free, confidential and non-judgmental. Start by telling us roughly how much you owe.
No obligation · Won’t affect your credit score