Step 1
Initial Client contact via Free Phone or Contact Form
Existing Customers: 0161 228 6194
New Customers: 0161 228 6055
Initial Client contact via Free Phone or Contact Form
Debt Adviser arranges in depth call to assess your debts and debt solutions available to you
If IVA is the appropriate solution for you, a Debt advisor will arrange a call back to you at a preferred time to go through an IVA Application, and if an IVA is not suitable we will look at other options available to you
At this point, your file will be passed to Debt Support Centre, a licensed insolvency practice. IVA proposal is prepared and sent to you for you to approve and sign
After the signed proposal is returned a Creditors’ meeting is arranged approximately 17 days later. (You do not have to attend this but we need to be able to speak to you on the day of the meeting)
If agreed by 75% of voting Creditors, the IVA begins
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
Subject to availability and acceptance. Debt write-off applies on the completion of and Individual Voluntary Arrangement. Alternative solutions may be offered. Repaying debt over a longer period of time may increase the total amount to be repaid. Whilst on an IVA and for a year after completion your credit rating will be affected.