Speak to an adviser:
0800 040 7064

Professional advice

Write off up to 75% with help from Government Legislation

Write off up to 75%
with help from
Government Legislation

Do you qualify?

About Your Debt

About You

Millions of people are feeling the strain of high levels of personal debt and low levels of disposable income, a politician has warned.

Deputy leader of the Liberal Democrats Vince Cable has claimed household debt is now 160 per cent of income, in a climate with "little economic optimism".

"After ten years of Gordon Brown blithely ignoring the growing crisis of personal debt and irresponsible lending, the chickens are finally coming home to roost," he said.

For Britons who agree their purses feel pinched by high levels of debt repayment and who are concerned they could become bankrupt if the cost of their borrowing rises, one option could be an individual voluntary arrangement (IVA).

An IVA is a legal agreement with creditors which can be arranged as long as the creditors who own 75 per cent of the debt agree.

It was created as an alternative to bankruptcy and allows borrowers to become debt free within a set period of time, often five years.

Do you qualify?

We are fully authorised and regulated by the Financial Conduct Authority. Speak to one of our fully trained, financial solutions specialists.

Check if I qualify