• If you cannot keep up payments on loans/bills/credit cards an IVA may be the best plan.
  
  
• An IVA (Individual Voluntary Arrangement) is an agreement with your creditors.
  
  
• Creditors accept what you can afford to pay them over a five-year period.

The main benefits are:

• You pay what you can afford over 60 months.
  
  
• Creditors can write-off what you can’t afford to pay.
  
  
• No legal action can be taken by your Creditors - once agreement is reached.
  
  
• No interest or charges
  
  
• Your home is normally safeguarded
  
  
• The agreement is confidential
  
  
• Our costs are agreed with your creditors and are paid from the fund set aside for them.

We deal with your creditors for you.