How an IVA can help with your debts?

An IVA (Individual Voluntary Arrangement) can be an excellent way to solve serious debt problems, leaving you with no further liability towards your unsecured debts in (normally) 60 months. On completion it could lower your monthly repayments, stop demands from your creditors and freeze the interest and charges on your debt.

Further Information On IVA

To read more about the choice of money management solutions available, the following websites may help you:

Insolvency Service Information Sheet

Credit Reference Agency

FSA Money Made Clear

Find out if you qualify for an IVA

Key Information and Fee

We must put certain ‘priority’ debts before others, debt write off applies to unsecured debts, and only on completion of an IVA.

Repaying debt over a longer period may increase the total amount to be repaid. Your ability to obtain credit will be affected in the short term and might be affected in the medium to long term. We will discuss all options available to you. If you choose to start one of our ongoing services a fee will be payable. Details of our fees are contained in our terms of business available here. Individual Voluntary Arrangement (IVA) is a specialist service provided by Mitchell Farrar Insolvency Practitioners LLP, one of the UK’s established IVA companies. Debt management, and bankruptcy assistance services are provided by our sister company Debt Advisory Line Limited.

Calls may be recorded for training and quality purposes. Calls from UK landlines are normally free; please check with your network provider for details.


* Debt write off is subject to creditor agreement for debts within, and only on completion of an IVA.