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Professional advice

Money Helper helps people manage their money. They do this directly through their own free and impartial advice service.
Also working in partnership with other organisations to help people make the most of their money.

An IVA has many benefits and advantages which include:

  • Up to 90% of your debt could be written off as part of the arrangement.
  • No more added interest or charges.
  • You will only pay an affordable single monthly payment for a period of 5 years.
  • Creditors cannot change their minds once they enter the agreement as the IVA is legally binding.
  • As long as you comply with the IVA your creditors cannot bring any legal action against you.
  • You no longer need to worry about your creditors chasing you for payment, as we deal with them direct.
  • You are able to have a bank account as long as it does not have an overdraft facility.
  • Your home will not be at risk, and you will usually will be able to keep your car.
  • An IVA does not affect your professional status and your employment will not be affected, even as a company director, accountant, police officer or in the armed forces.
  • Fees tend to be less compared to court costs and Official Receiver fees involved in a bankruptcy.

For professional advice from a licensed Insolvency Practitioner contact us on our freephone number or complete the IVA application form and we will provide an ethical solution to your debt problems.

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