Debts spiralling out of control?
We can help you onto the road to financial freedom!
Are you financially stressed? Pay what you can afford!
Fill in the form below now, to find out if you qualify for a Debt Management Plan or IVA.
Break free from your debt problems.
If you qualify for an IVA, you could see as much as 60-70% of your unsecured debt written
off.
Alternatively, a Debt Management Plan would reduce your monthly payments to a single affordable payment, and your interest may
be frozen.
We are debt solutions experts, offering a professional approach to setting you on the road to financial freedom. Call Free for expert advice, and there is no obligation for you to continue with any of our products.
Remember, the sooner YOU take action, the sooner we can help!
Apply Now
IVA Costs
Your creditors will agree to pay your Insolvency Practitioner a fee for managing the IVA from the contributions you make to your arrangement. The amount is dependent on the creditors you have and the level of contributions you make. You will be informed in writing of the exact amount before you commit to proceeding with an IVA.
Fees are broken down into Nominees fees for the preparation and presentation of your IVA proposal, and Supervisors fees for the ongoing monthly supervision of your IVA.
You do not have to pay any fees up front and there will be no charge if your IVA proposal is not accepted by your creditors.
If you complete your IVA as agreed then you will pay no more than your scheduled monthly installments. However, if your IVA fails before completion then any outstanding fees to your Insolvency Practitioner will be taken from the amounts you have already paid and will not go towards reducing your debt. In the event that the IVA is approved but you withdraw and/or fail to pay at least 4 contributions, we reserve the right to seek payment from you of £1,000 + VAT (£1,175 total) by way of fees.
Example based on a typical customer, with approx £25,000 of unsecured debts who fully completes a 5 year IVA and has no equity in a property.
Total paid by customer (Including fees displayed below)
£15,000
Total unsecured debt written off on full & satisfactory completion
£10,000
Typical monthly payment (x60 months)
£250
Nominees fee (Already included in the monthly payments)
£1,250
Supervisors fee (Already included in the monthly payments)
£2,062
Please speak to an Advisor for more detailed information.
Call Free for expert IVA advice
For any further information or questions, please call us free on
0800 16 999 46 and one of our highly trained advisors will be happy to help.