IVA Benefits


An Individual Voluntary Arrangement (IVA) is a legal procedure, and the decision to enter into one should not be taken lightly. Please take time to read through our list of IVA benefits and implications and speak to our advisors for more information, 0800 048 1766.

Individual Voluntary Arrangement Benefits:

  • When you have agreed your IVA, all additional interest and charges will be stopped, as well as any legal action from your creditors.
  • After completing the IVA, typically a 60 month period, any unsecured debt that you cannot afford is automatically written off.
  • You make just one affordable payment, which is tailored to your individual circumstances.
  • You will not have to see any major assets, such as your home.
  • An IVA is not advertised, so your financial circumstances are kept private.
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