Key benefits of an IVA

Peace of mind for people with serious debt problems

Under an IVA from The Debt People

  • You will only pay what you can afford
  • Your creditors will stop hassling you
  • Interest will be frozen
  • A single monthly payment will replace all your unsecured debt payments

To find out if you could qualify for a Debt People IVA call today or fill in our online questionnaire. 

Don’t waste time worrying about your debts – take action today and let The Debt People help you to clear your debt once and for all.

An Individual Voluntary Arrangement - IVA

An IVA is a legally binding agreement under the Insolvency Act made between you and your creditors. If an IVA is approved then you pay one monthly payment for a fixed period of months – normally 60 – and as long as you keep to the agreement you are protected from any further action by your creditors. They cannot take you to court, cannot make you bankrupt and cannot recover any more money than you agree under the terms of the IVA. As part of the agreement your creditors agree to write off the rest of your debt.

Of course an IVA is not for everyone and we promise to offer you this option only if it is exactly right for you. To find out or if you want more information call us now on free phone 08000 370 053.

REMEMBER THE I IN IVA

An IVA is an Individual Voluntary Arrangement and every single IVA we deal with is different. The most common form of IVA has 60 monthly payments. Some IVAs are shorter than this and others provide for some monthly payments and a lump sum at some point. Our debt experts will spend as much time as it takes to put together your individual IVA so that you can be confident that you will only pay what you can genuinely afford – no more and no less.

For further information on the advantages and disadvantages of an IVA please follow the link to The Small Print.

Call The Debt People today to find out more

08000 370 053