Mon to Thurs 8am-9pm, Fri 8am-7pm and Sat 9am-5pm
Is an IVA right for you?
The IVA Advisory Centre offer advice about IVAs and other solutions for people with all kinds of financial problems
Our team of specialists are here to help answer any questions about IVAs. You can call our helpline on 0800 970 5489 for help right away.
Find out if you qualify for an IVA
Simply fill in the form below and we'll let you know if an IVA is your best option.
Let's say the unsecured debts
to your creditors looked like this:
| Personal loan A: | £9,000 |
| Personal loan B: | £5,000 |
| Credit Card: | £21,000 |
| Total debt owed: | £35,000 |
| Total debt repaid: | £14,000 |
| Monthly payments: | £236 |
IVA repayment is based on affordability and varies from case to case.
- Key Information
Your questions answered
Need debt advice?
If you want immediate advice, talk to someone who knows all about IVAs -
and all about debt.
Need help now? Have our experts call you back click here.
IVA FAQs
What exactly is an IVA?
How much would an IVA cost?
Who is involved in an IVA?
How does the process work?
Repay your debts
With an IVA you can repay your debts, get protection from creditors and help you keep the home you are living in. Find out more >
Key information:
What fees are involved?
Once you've discussed your situation with one of our advisers, they may recommend that you enter a specific debt solution. Should you do so, fees will be charged. As one of the UK's longest-established debt solution providers, we are committed to providing an excellent service - and charging competitive fees. Click here for more on our fees.
Will my credit rating be affected?
Entering an IVA will affect your ability to obtain credit for 6 years.
What if I change my mind?
You are not under any obligation to enter a debt solution. Should you decide to do so - and subsequently change your mind - you will have the right to cancel the agreement at any point during the first 14 days.
Download our Insolvency Service guide to dealing with creditors click here.
Who are IVA Advisory Centre?
IVA Advisory Centre are part of the Think Money Group, one of the largest and longest-established debt specialists in the UK. We’ve been recognised many times as a first-rate provider of financial services and debt advice. To find out more click here.
Speak to our IVA team on 0800 970 5489.
Alternatively, have an IVA adviser call you back click here.
Subject to eligibility and conditions. Repaying debt over a longer period may increase the total amount to be repaid but alternative solutions may be offered. Debt write-off applies to unsecured debts only on completion of an Individual Voluntary Arrangement. Fees are payable and homeowners may be required to remortgage during the term. Calls may be recorded.
Latest news
Savers missing out on better returns
One in three savers have never checked the interest rates they are earning on their savings, according to research by Moneysupermarket.com. So they`re not earning money - and protecting themselves against future debt problems - as effectively as they could.
Per year, failing to look for better rates is... Read more
Rise in IVAs and bankruptcies among women
The number of women entering an IVA or bankruptcy has increased dramatically over the last decade, new figures from the Insolvency Service have revealed.
In the last year alone, as The Independent reports, the number of women going bankrupt has risen by 28%.
63% of the DROs... Read more
More talk of IVAs in Ireland
In recent months, there has been a lot of talk about introducing IVAs (Individual Voluntary Arrangements) in Ireland as an alternative to bankruptcy, and this has continued in an article on independent.ie.
In the article, insolvency expert Tom Kavanagh brands Irish insolvency laws as `draconian`, and says that compared... Read more