Confidential advice - 7 Days, 9am - 9pm0800 901 2488 Call now for free (including mobile)
Confidential advice
7 days, 9am - 9pm
0800 901 2488Freephone (including mobile)

We change People's lives. Every day.

We help people throughout the UK deal with debts. We pride ourselves on the service we provide - and so do our clients.

"...had the empathy to understand my position"C, South Yorkshire

Let's make your debt manageable. Today.


Provide basic information

To get things started, we need a basic understanding of your financial situation. How much your debt is, how many creditors you have and what your income is.


We’ll show you the options

Once we understand your situation, we can assess if an IVA (or alternative solution) is the right option for you to deal with your situation.


We stay by your side

Throughout your IVA you will have a dedicated case administrator working on your case. They will handle all negotiations with creditors and will give you regular updates on your progress.

An IVA can write off unaffordable debt

Alternative debt solutions will also be assessed, to ensure you find the most appropriate debt solution.

We're always here.

Our dedicated team of debt advisors are available and here to help you find the right solution to your debt problem. Your advisor will provide you with easy to understand actionable advice to ensure you are clear on what solutions will best serve your situation.

Beverley Horton Stephen Hall Charlotte Davison

By your side. Throughout.

You will have a dedicated Case Worker by your side, every step of the way.

Our licensed insolvency practitioners
are licensed by the ICAEW.

What is an IVA?

An Individual Voluntary Arrangement, also known as IVA is a formal personal insolvency procedure that allows you to get back on top of your unsecured debts.

An IVA allows you to put all of your unsecured debt into one pot and make affordable repayments over a period that usually lasts 5 years - during this term, all interest and charges are frozen.

An IVA stays on your credit rating for six years from the start date of the IVA.

  • Stops creditor phone calls & legal action.
  • Writes off unaffordable debt.
  • Legal procedure endorsed by the government.
  • Affordable monthly repayments - freeze interest & charges.
  • Protect assets such as your home.
  • Become debt free, usually within 5 years. Though your credit rating may be affected.
  • No upfront cost.

How does an IVA work?

Negotiate With Creditors

An insolvency practitioner works on your behalf to negotiate a proposal with your creditors.

Make Affordable Payments

Once payment terms are agreed, you will enter an IVA to begin making affordable monthly payments to your creditors.

Become Debt Free

After your IVA is complete, all payments being made will stop and any outstanding debts are written off. Though your credit rating may be affected.

Find out if an IVA is right for you

Everyone is different.
No two IVAs are the same.

Example IVA

Total unsecured debt£22,207

Was paying per month£587

Monthly reduction- £420

Now paying per month£167

Debts written off£12,188

Find out if an IVA is right for you

IVA Checker

Protect your home.

If you're worried your personal debts could lead to losing your home or having your belongings repossessed, an IVA can offer you that all-important peace of mind. We can help you come to an agreement with your creditors that works for all parties, allowing you to rest easy, knowing your home and personal assets are safe and protected.

An IVA is a formal agreement, which protects you from more serious action from debt collectors, while repaying your debts until you've settled them.

Everyone's story is unique. We listen.

We help people struggling with debts every day. Understanding your circumstances is crucial to ensuring we help you find the correct solution.

We're fully licensed and regulated by the ICAEW, which enables us to offer you best advice free of charge.

The first step to becoming debt free is to talk to a professional such as ourselves. We can help you make the right steps to get you on the path of recovery.

  • We help people in similar circumstances to yourself every day.
  • We are here to help you make sense on your debts.
  • Our advice is free and confidential.
  • Everyone's situation is different.

Frequently asked questions.

  • How does an IVA work?

  • How does an IVA work?

    An IVA is a formal agreement between you and your creditors. All debt is consolidated into monthly payments, tailored to what you can afford. For the IVA to be approved, it must be agreed to by 75% by value of your creditors. Once approved, the IVA will put all legal action against you, on hold.

    After completing the IVA over an agreed period, all your remaining debt and liabilities are written off.

  • Will an IVA affect my job?

  • Will an IVA affect my job?

    In most jobs, an IVA shouldn’t affect you, as the monthly payments will automatically come out of your bank account. However, in some sectors and job positions, you may have to inform your employer that you’ve entered an IVA. You may want to check with your employer, particularly if you work in the property, financial or legal sectors.

  • Will lenders stop chasing me?

  • Will lenders stop chasing me?

    Once the IVA and its terms are approved by 75% by value of your creditors, they all must stop legal action and pressure against you. This includes: sending bailiffs, issuing CCJs, and reminding you to repay via letters or telephone calls. Failure to do so would be committing harassment.

  • What happens if my IVA fails

  • What happens if my IVA fails

    You should do everything to stay within the terms of your IVA, as it is a legally binding process. You should keep in contact with your supervisor throughout the process and let them know if you’re having any problems. If the IVA fails, creditors can start chasing you for payment again, and they could apply to make you bankrupt.

  • Is Bankruptcy a better option?

  • Is Bankruptcy a better option

    Whether bankruptcy is better for you than an IVA will depend on your circumstances. IVAs protect certain assets which you may or may not own, while bankruptcy can have more damaging consequences on your assets, or if you work in certain professions. Everyone’s personal and financial situation is different, and if you’re unsure which is best for you, speak to us for free, impartial advice, with no obligation.

  • Will I be able to keep my home?

  • Will I be able to keep my home?

    Your home can be protected for the duration of the IVA, though a re-mortgage may be required. While you adhere to the IVA’s terms, creditors cannot take action to reclaim debt from you, and your assets should also be protected. You should make your supervisor aware of all the assets of significant value you own before the IVA commences. Certain items may be considered excessive if they’re included in the IVA, or if you try to sell them.

    If you need more specific advice, please speak to one of our advisors.

  • What if my finances change?

  • What if my finances change?

    If your financial circumstances change, IVAs often include a proposal allowing you to request variations to the arrangement. The suggested amendment will require approval from 75% by value of your creditors to be accepted.