IVA Help

Do You Qualify for an IVA? Take the Test and Apply Now

An IVA (Individual Voluntary Arrangement) is a Government run scheme to help you out of serious debt problems. It is a legally binding structured repayment plan which benefits both you and your creditors.

Our professional debt experts evaluate debt options and tailor specific debt solutions on an impartial and confidential basis. We can offer a 100% free consultation and explain how you can be debt free in 60 months with up to 70% of your debts written off by paying just one affordable monthly payment.

Find out more below or Take the Test to see if you qualify for an IVA.

If you are a resident in Scotland you will want to investigate a Scottish Trust Deed.

How does an IVA work?

The Individual Voluntary Arrangement process is aimed at providing an alternative to bankruptcy. The costs are much less than bankruptcy and the process enables a greater return to creditors. In essence a win / win situation.

It is usual for a certain percentage of the debts to be paid monthly over a certain period, usually 60 months. The amount you have to repay monthly is calculated based on your income and expenditure.

If you are a homeowner, normally you will be required to release any equity which you have in your property by taking out a remortgage or a secured loan. This money will then have to be paid to your creditors.

Even though full repayment may not be made to the creditors, once the arrangement is complete, the individual is exonerated from any balance outstanding.

IVAs are not appropriate for all individuals; therefore it is very important that you have sought independent and impartial advice from one of our experienced insolvency experts.

Advantages of an IVA

  • Only pay back a percentage of your debts
  • Any unpaid balance of your debts is written off – as much as 70%
  • One affordable monthly payment, usually over 60 months
  • Your monthly payment is based on what you can realistically afford
  • Legally binding, so your creditors cannot change their minds once they have agreed
  • You are protected from court action as long as you maintain the agreed monthly payment
  • All contact from your creditors will cease
  • You are able to operate a ‘normal’ bank account as long as it does not have an overdraft facility
  • No publicity in your local newspapers
  • It may safeguard your property
  • An IVA does not affect your professional status or affect your job in any way

Disadvantages of an IVA

  • IVAs are only suitable if you or another person can afford to make an offer of repayment to your creditors
  • Your creditors have to agree on the arrangement through a vote. However, we will not suggest an IVA to you unless we think there is a good chance that your creditors will accept your offer
  • If you do not make the monthly payments to the IVA it is likely that the arrangement will fail and your creditors will be able to take other action against you. It may also result in your bankruptcy
  • It will be noted on your credit record

Further Information

The first step for an Individual Voluntary Arrangement is to assess if an IVA is the most suitable solution for you. If we feel that it is not or you decide that it is not what you want to do, we will always suggest an appropriate alternative.

Start the process, see if you qualify for an IVA

Do You Qualify for an IVA? Take the Test and Apply Now

An IVA (Individual Voluntary Arrangement) is a Government run scheme to help you out of serious debt problems. It is a legally binding structured repayment plan which benefits both you and your creditors.

Our professional debt experts evaluate debt options and tailor specific debt solutions on an impartial and confidential basis. We can offer a 100% free consultation and explain how you can be debt free in 60 months with up to 70% of your debts written off by paying just one affordable monthly payment.

Find out more below or Take the Test to see if you qualify for an IVA.

If you are a resident in Scotland you will want to investigate a Scottish Trust Deed.

How does an IVA work?

The Individual Voluntary Arrangement process is aimed at providing an alternative to bankruptcy. The costs are much less than bankruptcy and the process enables a greater return to creditors. In essence a win / win situation.

It is usual for a certain percentage of the debts to be paid monthly over a certain period, usually 60 months. The amount you have to repay monthly is calculated based on your income and expenditure.

If you are a homeowner, normally you will be required to release any equity which you have in your property by taking out a remortgage or a secured loan. This money will then have to be paid to your creditors.

Even though full repayment may not be made to the creditors, once the arrangement is complete, the individual is exonerated from any balance outstanding.

IVAs are not appropriate for all individuals; therefore it is very important that you have sought independent and impartial advice from one of our experienced insolvency experts.

Advantages of an IVA

  • Only pay back a percentage of your debts
  • Any unpaid balance of your debts is written off – as much as 70%
  • One affordable monthly payment, usually over 60 months
  • Your monthly payment is based on what you can realistically afford
  • Legally binding, so your creditors cannot change their minds once they have agreed
  • You are protected from court action as long as you maintain the agreed monthly payment
  • All contact from your creditors will cease
  • You are able to operate a ‘normal’ bank account as long as it does not have an overdraft facility
  • No publicity in your local newspapers
  • It may safeguard your property
  • An IVA does not affect your professional status or affect your job in any way

Disadvantages of an IVA

  • IVAs are only suitable if you or another person can afford to make an offer of repayment to your creditors
  • Your creditors have to agree on the arrangement through a vote. However, we will not suggest an IVA to you unless we think there is a good chance that your creditors will accept your offer
  • If you do not make the monthly payments to the IVA it is likely that the arrangement will fail and your creditors will be able to take other action against you. It may also result in your bankruptcy
  • It will be noted on your credit record

Further Information

The first step for an Individual Voluntary Arrangement is to assess if an IVA is the most suitable solution for you. If we feel that it is not or you decide that it is not what you want to do, we will always suggest an appropriate alternative.

Start the process, see if you qualify for an IVA

Where Next? Choose from these steps to help with your debt

1. Got questions regarding your Debts?
Speak to one of our professional debt advisors today for free

2. Do you qualify for an IVA?
Take the IVA Test

3.Apply for a IVA application
Complete this form and one of our Debt advisors will call you


Where Next? Choose from these steps to help with your debt

1. Got questions regarding your Debts?
Speak to one of our professional debt advisors today for free

2. Do you qualify for an IVA?
Take the IVA Test

3.Apply for a IVA application
Complete this form and one of our Debt advisors will call you


What Is an IVA?

An Individual Voluntary Agreement (IVA) is a method used to attempt paying off any debts that you have which are greater than £15,000. If you are currently in debt and are looking for a way out, looking at some IVA info may help you with solving your problem. At Professional Debt Solutions, we look at your history and see if we can arrange an IVA with your creditors that will benefit both them and you. Being one of the top IVA specialists, we will try to negotiate an agreement that will see you debt-free within the next sixty months. If you have a large enough debt and are struggling to break free of its bonds, you can contact us via email or by the handy IVA help form on our website. We realise that debt is an ugly situation to get yourself into and we offer the best advice and the most efficient services that we can to help rid you of those shackles. We offer you quick IVA reviews of your financial and employment status so that you can determine whether or not you are eligible for one of these agreements. And, in the end, if you do fit all of the IVA conditions, we can contact your creditors and start the negotiations to help you gain complete financial freedom. Hopefully, after securing a personalised IVA for yourself, you will be out of debt and able to relax before you realise it.

IVA UK

Within the United Kingdom, there are several key things to consider before you take out an IVA. First, you will need to have a certain amount of disposable income that you can afford to repay back to the crediting company. You should talk to an IVA expert about your current financial status to see whether or not you can afford to make large enough monthly payments back to the credit company. An IVA is legally binding, so if you cannot make these stated monthly payments, your creditors can take further legal action against you. This is why it is important to get good IVA advice beforehand so you do not land yourself in further trouble. While the amount that you have to repay each month varies depending on the individual agreement, the amount will generally be around £200. If you are interested in getting advice on IVA credit UK wide, contact us and we will be glad to assist you. After we have helped you to establish a contract with your creditors, the rest will be up to you. Following the IVA debt solutions strategy that we can help you set up, you should be debt-free quickly if you stay on target and pay back the agreed amount every month. For some of the best in IVA help and advice, contact Professional Debt Solutions. As one of the top debt relief companies in the UK, we will attempt to help you solve your money problems as best as we can.

IVA Pros and Cons

IVA UKTaking out an IVA can be a good way to pay off your debts. However, you should be made aware of both the advantages and disadvantages of an agreement like this if you have ever thought to yourself “Is an IVA right for me?” One of the biggest benefits of an IVA is that you will only have to pay off a fraction of your total debts. What we do is negotiate an IVA UK agreement with your creditors to find an amount that they are willing for you to pay back that effectively reduces the total amount of money owed. Like most IVA companies, we cannot guarantee that your debts will be reduced by any particular amount, however, since this depends on the individual credit companies involved. If you pass the IVA test and secure an agreement, you will find that you are legally secure from any further action by your creditors as long as you keep on time with your monthly payments. We would not be a proper IVA guide if we did not warn you about the disadvantages. Fortunately, there are only a few things that you will need to be warned about. Our IVA advice is that there may be a chance that you will not be eligible for an IVA since your creditors will vote on the matter to agree whether to create an agreement or not. The final thing to consider is that you will have to make the stated monthly payments or face legal action against you.

IVA Help

So, if you are interested in setting up an IVA or simply wish to receive some more advice on your eligibility, do not hesitate to peruse our website or contact us for more information. Our professional IVA specialists are always on hand to get in touch with you and can be reached through the simple form on our website. After you have consulted with one of the staff members at Professional Debt Solutions and received some useful IVA examples, you will be ready to take a test to determine your eligibility for an Individual Voluntary Agreement. If you pass this test, you simply have to fill out an IVA application and you will be on the way to starting the negotiations and hopefully getting out of the bondage of debt. We can help anyone take out an IVA UK wide if they fulfill all the necessary requirements and their creditors agree to the terms and conditions. Throughout the process, we will be there by your side every step of the way as your personal IVA guide. Of course, we will leave the choice up to you if you want to use our services and we would like to ask you to go and conduct a quick Internet search for other debt relief companies so that you can compare IVA strategies offered by different businesses. After you have finished your own research, we are sure that you will find us one of the most helpful, user-friendly IVA management companies out there.

Alternative Debt Solutions

IVA HelpDespite an IVA being a great debt relief strategy, it is not for everyone which is why we offer other alternative methods that can enable you to pay off your debt as well. If you owe less than £15,000 then our advice is to look at a debt management plan rather than a business IVA. In essence, a debt management plan is similar to an IVA in that we will negotiate with your creditors to try and make sure that you can pay a low monthly repayment over a few years. You will not get the same IVA help though as debt management is not legally binding and the people that you owe can still take legal action against you. Comparing our IVA guide with our debt management guide, you can see that an IVA will actually reduce the total amount that you have to pay back whereas debt management will not. Of course, even debt management may not be for you. If you are living in Scotland, than our IVA specialists might point you towards a Scottish Trust Deed in which you are protected from your creditors in a very similar manner to that of an IVA. And, if none of these options work and our debt management and IVA UK based methods are not for you, then there is always bankruptcy as a last resort. Just be warned that bankruptcy is only to be used as a final plan if everything else has failed. Conduct your research well before you even consider this option.

Planning Your Debt Strategy

With all of this information and our advice lines open to you, you should be well armed to sit down and think about your future debt strategies. This is the most important part as getting out of debt requires careful planning and a great deal of thought. Our IVA eligibility tests are a useful resource and have no IVA test fee. They are an easy way for you to see if an IVA is for you and to talk directly to one of our consultants for some debt management or IVA help. Talking to any of our debt relief staff members is completely free and confidential and is a good starting block for you on the road to financial liberty. By offering you this service with no IVA test cost, we are hoping to fulfill our goal to be one of the top debt relief companies in the UK which offers a variety of helpful services to any potential debt-ridden clients. With our IVA advice, you should be able to set up a solid plan for the next few years in which you will see your debts reduce and then eventually disappear. For more information about debt management, IVAs or bankruptcy, please have a look at the Professional Debt Solution web pages. In them, we hope to show you that we are one of the best companies for advice on debt solutions like the IVA UK wide. With our help, we hope that you will achieve total financial satisfaction within the next few years.

Related Link:

What Is an IVA?

An Individual Voluntary Agreement (IVA) is a method used to attempt paying off any debts that you have which are greater than £15,000. If you are currently in debt and are looking for a way out, looking at some IVA info may help you with solving your problem. At Professional Debt Solutions, we look at your history and see if we can arrange an IVA with your creditors that will benefit both them and you. Being one of the top IVA specialists, we will try to negotiate an agreement that will see you debt-free within the next sixty months. If you have a large enough debt and are struggling to break free of its bonds, you can contact us via email or by the handy IVA help form on our website. We realise that debt is an ugly situation to get yourself into and we offer the best advice and the most efficient services that we can to help rid you of those shackles. We offer you quick IVA reviews of your financial and employment status so that you can determine whether or not you are eligible for one of these agreements. And, in the end, if you do fit all of the IVA conditions, we can contact your creditors and start the negotiations to help you gain complete financial freedom. Hopefully, after securing a personalised IVA for yourself, you will be out of debt and able to relax before you realise it.

IVA UK

Within the United Kingdom, there are several key things to consider before you take out an IVA. First, you will need to have a certain amount of disposable income that you can afford to repay back to the crediting company. You should talk to an IVA expert about your current financial status to see whether or not you can afford to make large enough monthly payments back to the credit company. An IVA is legally binding, so if you cannot make these stated monthly payments, your creditors can take further legal action against you. This is why it is important to get good IVA advice beforehand so you do not land yourself in further trouble. While the amount that you have to repay each month varies depending on the individual agreement, the amount will generally be around £200. If you are interested in getting advice on IVA credit UK wide, contact us and we will be glad to assist you. After we have helped you to establish a contract with your creditors, the rest will be up to you. Following the IVA debt solutions strategy that we can help you set up, you should be debt-free quickly if you stay on target and pay back the agreed amount every month. For some of the best in IVA help and advice, contact Professional Debt Solutions. As one of the top debt relief companies in the UK, we will attempt to help you solve your money problems as best as we can.

IVA Pros and Cons

IVA UKTaking out an IVA can be a good way to pay off your debts. However, you should be made aware of both the advantages and disadvantages of an agreement like this if you have ever thought to yourself “Is an IVA right for me?” One of the biggest benefits of an IVA is that you will only have to pay off a fraction of your total debts. What we do is negotiate an IVA UK agreement with your creditors to find an amount that they are willing for you to pay back that effectively reduces the total amount of money owed. Like most IVA companies, we cannot guarantee that your debts will be reduced by any particular amount, however, since this depends on the individual credit companies involved. If you pass the IVA test and secure an agreement, you will find that you are legally secure from any further action by your creditors as long as you keep on time with your monthly payments. We would not be a proper IVA guide if we did not warn you about the disadvantages. Fortunately, there are only a few things that you will need to be warned about. Our IVA advice is that there may be a chance that you will not be eligible for an IVA since your creditors will vote on the matter to agree whether to create an agreement or not. The final thing to consider is that you will have to make the stated monthly payments or face legal action against you.

IVA Help

So, if you are interested in setting up an IVA or simply wish to receive some more advice on your eligibility, do not hesitate to peruse our website or contact us for more information. Our professional IVA specialists are always on hand to get in touch with you and can be reached through the simple form on our website. After you have consulted with one of the staff members at Professional Debt Solutions and received some useful IVA examples, you will be ready to take a test to determine your eligibility for an Individual Voluntary Agreement. If you pass this test, you simply have to fill out an IVA application and you will be on the way to starting the negotiations and hopefully getting out of the bondage of debt. We can help anyone take out an IVA UK wide if they fulfill all the necessary requirements and their creditors agree to the terms and conditions. Throughout the process, we will be there by your side every step of the way as your personal IVA guide. Of course, we will leave the choice up to you if you want to use our services and we would like to ask you to go and conduct a quick Internet search for other debt relief companies so that you can compare IVA strategies offered by different businesses. After you have finished your own research, we are sure that you will find us one of the most helpful, user-friendly IVA management companies out there.

Alternative Debt Solutions

IVA HelpDespite an IVA being a great debt relief strategy, it is not for everyone which is why we offer other alternative methods that can enable you to pay off your debt as well. If you owe less than £15,000 then our advice is to look at a debt management plan rather than a business IVA. In essence, a debt management plan is similar to an IVA in that we will negotiate with your creditors to try and make sure that you can pay a low monthly repayment over a few years. You will not get the same IVA help though as debt management is not legally binding and the people that you owe can still take legal action against you. Comparing our IVA guide with our debt management guide, you can see that an IVA will actually reduce the total amount that you have to pay back whereas debt management will not. Of course, even debt management may not be for you. If you are living in Scotland, than our IVA specialists might point you towards a Scottish Trust Deed in which you are protected from your creditors in a very similar manner to that of an IVA. And, if none of these options work and our debt management and IVA UK based methods are not for you, then there is always bankruptcy as a last resort. Just be warned that bankruptcy is only to be used as a final plan if everything else has failed. Conduct your research well before you even consider this option.

Planning Your Debt Strategy

With all of this information and our advice lines open to you, you should be well armed to sit down and think about your future debt strategies. This is the most important part as getting out of debt requires careful planning and a great deal of thought. Our IVA eligibility tests are a useful resource and have no IVA test fee. They are an easy way for you to see if an IVA is for you and to talk directly to one of our consultants for some debt management or IVA help. Talking to any of our debt relief staff members is completely free and confidential and is a good starting block for you on the road to financial liberty. By offering you this service with no IVA test cost, we are hoping to fulfill our goal to be one of the top debt relief companies in the UK which offers a variety of helpful services to any potential debt-ridden clients. With our IVA advice, you should be able to set up a solid plan for the next few years in which you will see your debts reduce and then eventually disappear. For more information about debt management, IVAs or bankruptcy, please have a look at the Professional Debt Solution web pages. In them, we hope to show you that we are one of the best companies for advice on debt solutions like the IVA UK wide. With our help, we hope that you will achieve total financial satisfaction within the next few years.

Related Link:

Comprehensive Trusted Expert Debt Advice