Designed by Government Legislation an IVA is designed to help people to regain control of their finances.
If you are struggling with over £6000 worth of debt then an IVA may well be an option that could get things back under control.
Put simply, an IVA is a legal agreement between you and your creditors that will allow you to pay back only what you can afford, over typically 60 months and the remaining debt is written off.
- Write off debtAs much as 80%
- Reduce monthly repaymentsAlways affordable
- Freeze interest and chargesSo your debt stops getting any bigger