Government Legislation can help you
Check Eligibility

You may be eligible for a formal Debt Solution

Freeze Your Interest
Gain Full Legal Protection
Payments You Can Afford
 Write Off Up to 80% Debt
Check Eligibility In Seconds
Disclaimer: If you do not, or can not, maintain the full contractual repayments to your creditors, then this will impact your credit rating negatively. Read all of our small print, as well as the Terms & Conditions of the options we have available, as they are very important and should help you to make an informed decision. One of debt advisors will outline whether or not fees are applicable, depending on the type of debt solution that you qualify for.

We help with:

Credit
& Store Cards

Payday
Loans

Shopping
& Online Stores

HMRC

Credit
Contracts

Personal
Loans

Catalogues
(& Online)

Overdrafts
Take A Quick Eligibility Check
I Need Some Help Now

How can we help?
Here’s an example:

Take A Quick Eligibility Check

You can receive free and impartial money advice from Money Helper;
an organisation set up by the UK Government to help people in debt.

Advantages

A monthly, affordable payment
All of your necessary living costs will be taken into account before a singular, monthly IVA payment plan is agreed.
Stop additional interest and charges
Once your IVA is approved, your interest and / or charges freeze. Creditors can not and will not be add these to your debts, therefore preventing the debt from increasing.
Write a significant proportion of your debt off
The average IVA lasts for six years. Provided you stick to your agreement, your remaining unsecured debt will be written off.
You can protect your home and vehicle
Certain assets such as your home or vehicle are deemed essential and can be protected during an IVA. Provided they are of reasonable value, you may retain them.
Stop distressing communication from creditors

Once creditors have accepted your IVA, they are legally bound to stop requesting payment directly. Instead, the Insolvency Practitioning team administering your IVA will deal with creditors on your behalf.

Stop court procedures and bailiffs
Creditors are not entitled to take any legal action against you, or send bailiffs to visit you, provided that you are adhering to your IVA terms.
An IVA could help you pay your bills

Your necessary bill outgoings are taken into account before an IVA payment plan is put in place.

Disadvantages

Your creditors must agree to your IVA

A large proportion of proposed IVAs are regularly accepted. However, we cannot guarantee an IVA will be put in place, as your creditors must initially agree to it.

Your monthly budget(s) will be affected

You need to comply with the terms for an IVA to work, as it is a formal agreement. Through us, monthly payments will be affordable and sustainable, but this is likely to result in a tighter budget whilst debts are repaid.

Your Credit Score will be affected

IVAs will affect your credit score and remain on your credit file for six years, from the date your creditor agrees to or until your IVA is finished. If your IVA lasts longer than six years – even if you completed it two years early – it will still show up on your record for further twelve months.

Your IVA is registered

There is an Individual Insolvency Service register which your IVA will be listed on.

Your IVA company will require fees

You will be required to pay fees to your IVA company. However, these will often be factored into your affordable monthly payments.

Disclaimer: It is very important that you read all of our small print, as well as the Terms & Conditions of each available option, to make an informed decision when qualifying for one of our IVAs. One of our Debt Advisors will outline if any fees are applicable, based on the debt solution that you qualify for.

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