Write off up to 80% of your debt*

 You Could Write off debts over £5,000

 Stop interest and charges from soaring

 Consolidate your bills into an affordable monthly payment

 Stop pressure and hassle from creditors

Welcome to


We work with some of the UK’s leading debt partners who can offer you a debt solution to help you get control of your unaffordable debt

How does it work

We can help write off unaffordable debt through an IVA. An IVA is an agreement between you and your unsecured creditors, which allows you to repay only what you can reasonably afford over a fixed period of time.

In an IVA, a single, affordable monthly payment is agreed upon. This is then divided between the unsecured creditors included within the arrangement.

These payments are usually made for five years.

At the end of an IVA, the balance of any debts included within the IVA is written off, and during its course, all interest and fees are frozen.

Just think, no more:


 Borrowing money from friends and family

 Payday loans you have to keep rolling over

 Dreading bills because you know you can’t pay

 Running out of money within days of being paid

 Having your cards declined at the till

 Paying hefty charges for being a few pence overdrawn

 Pretending everything is ok when it’s not!

Example of how we can help

 We work with some of the UK’s leading debt partners, and can offer you a debt solution to help you write off your unaffordable debt

Disadvantages of an IVA

Possible Release of Home Equity

If you have any equity in your property or any other significant valuable assets, you may be required to release some or all of this as part of the IVA agreement. However, sometimes the creditors agree to an extra year of IVA payments if an equity release from your property is not possible, making the IVA 6 years in total instead of 5. 

Minimum Level of Debt

Usually you will only be able to undertake an IVA if your total unsecured debt is more than £6,000. In addition, you will usually need to be able to afford a monthly payment of at least £80.

No Unsecured Borrowing During the Arrangement

While you are in an IVA, you will not be able to use your store or credit cards. These must be cut up. However, it may be possible to change an existing mortgage or take a new one while you are in an IVA. In addition, you may be approved to borrow up to £500 if this is agreed with the insolvency practitioner. You will be able to use prepaid cards.

Stick to a regimented regime for 5 years

Failure to maintain control of your finances and keep up your IVA payments will mean that you may be bankrupted. However you may be able to take payment holidays and you may be able to miss payments for extreme circumstances, but this will extend the period of you IVA.

Damaged Credit Rating

Your credit rating will be effected and you will be unable to borrow for the duration of the IVA. You will also have a period after your IVA where it may be hard to get credit. This period varies but a credit rating can be repaired over time.

Longer than Bankruptcy

An IVA will usually last for 5 years compared to bankruptcy which will usually only last 1 year unless you have a payment order and this will last three years.

You will pay back more than you will in bankruptcy

In an IVA you will pay back as much as you can afford over the 5 years (e.g. 20%-50%) as opposed to bankruptcy where you will pay back a minimum amount (which could be as little as 0%).

You must include all creditors

All creditors must be included and you cannot make separate arrangements with each one (which can be done in a DMP).

Professional Status

Some jobs do not allow the employee to become bankrupt or be in an IVA. It is important to check the terms and conditions of employment to be sure of this.

Insolvency register

IVA is a form of insolvency as is bankruptcy, so your name can be searched in the insolvency register which is available on the internet. However, someone would have to have a reason to do this; the information is not advertised in any way. See: https://www.gov.uk/search-bankruptcy-insolvency-register

** Average Debt Source : https://www.tuc.org.uk/news/unsecured-debt-hits-new-peak-ps14540-household-tuc-analysis.

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To find out more about managing your money and getting free debt advice visit, Money Advice Service, an independent service set up by the Government to help people manage their money.


* A debt write off amount of between 25% and 75% is realistic, however the debt write off amount for each customer differs depending upon their individual financial circumstances and is subject to the approval of their creditors. The example provided of 85% has been achieved by many customers in the last 12 months.