If you qualify for an IVA then it is often the best solution to your debts. An IVA is most suited to those with over £15,000 worth of debt and cannot afford to make payments to their creditors.
An IVA will provide you with one lower monthly payment which you must make over an average period of 60 months. Any remaining debt is then written off as part of the agreement.
If you think that an IVA might be the right debt solution for you, the Debt Helpline can help. Our advisors are specially trained to help offer you IVA advice and see if we can get you accepted. Contact the Debt Helpline on 0800 0481 778.
Take our Debt Helpline Test to see some of the potential options.IV