Individual Voluntary Arrangement

An IVA, or Individual Voluntary Arrangement, is a legal and government approved method of resolving debt problems. It allows a person to repay a percentage of their debt back to their creditors in affordable monthly instalments over a fixed term, usually around 5 years with the remainder of the debt being written off; although it can complete in less time if there is a lump sum settlement available.

An IVA provides the protection that as long as you make your monthly payments, you will no longer receive calls or letters about your outstanding debt.


Is an IVA the right solution for me?

Subject to your individual circumstances, you could qualify for an IVA. If you have debts...

What debts can be included in your IVA?

There are some debts that cannot be included in your IVA and will still require...