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.