IVA Services | Providers of debt consolidation advice to UK consumers

For free financial advice call 0800 043 50 43

Testimonial

Thanks for all your effort and work sorting out our financial affairs and helping us attain our IVA. I can't even begin to tell you how upset I was and how relieved I am now. Mrs B, Lancs

Individual Voluntary Arrangements

As a Licensed Insolvency Practitioner finance advisers.co.uk is able to provide IVA debt consolidation services to people looking to overcome financial problems without filing for bankruptcy.

How an IVA can help

Individual Voluntary Arrangements have a number of benefits both for you and your creditors. An IVA can help by :–

writing off up to two thirds of your existing debts
reducing your regular debt repayments to what you can resonably afford based on your current income
stopping all further interest and charges relating to the debt
ensuring a higher return for your creditors than would be the case if you were to file for bankruptcy

IVA Overview

If you have debts in excess of £15000 then you may qualify for an Individual Voluntary Arrangement.

Under the terms of an IVA you commit to making regular monthly repayments for a fixed period of time. At the end of this period all remaining debts are written off leaving you debt free. A typical IVA will last for five years although the actual repayment period will differ from case to case.

If you would like to speak to one of our advisers simply call us on freephone 0800 043 50 43 or alternatively complete our enquiry form. Finance Advisers is part of the Spencer Hayes group of professional debt counsellors. We operate nationwide and have offices located in Manchester, London, Cardiff, Newcastle, Belfast and Derry.