"I just wanted to say a big thank you to you and your Debt Management Team. I am glad that I spoke to you and had the courage to open up to you. You have taken a great burden off my shoulders, and above all given me the peace of mind that I needed."
Angela, Derby
IVA - The Process
Initial Client contact via Free Phone or Contact Form
Debt Adviser arranges 40 minute call to assess your debts and debt solutions available to you.
If IVA is deemed appropriate, you are then put on a Debt Management Plan. NOTE: This means that your creditors are being spoken to straight away and gives you, the client a safety net just should the IVA is rejected by the creditors.
Debt Management Application Pack sent out to your preferred address for Signature
Debt Management Application Processing (please allow 8 days)
Debt Adviser arranges a call back to you at a preferred time to go through IVA Application
IVA application sent out to your preferred address for Signature
IVA Application Proposal processing (Via Draft Officer)
Official IVA Proposal sent to your preferred address for FINAL Signature
Debt Adviser arranges Creditor meeting for 17 days after receipt of signed IVA Proposal. (You do not have to attend this)
If agreed by 75% of Creditors, the IVA begins (75% of the value (debt) of creditors that choose to vote)
Average time for process completion, between 4 - 6 weeks
Find out more about:
IVA FAQs
IVA Alternatives
IVA Case Studies
Further Debt Help and Advice
