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



Working with some of the UK’s best and most educated debt support partners we introduce you to the right partner for your situation. Your dedicated debts advisor will offer you a personalised debt relief solution to take control of your unaffordable debt



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.



 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!



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


Exmaple Unsecured Debt

  • Loan£11,152
  • Loan£2,226
  • Loan£302
  • Credit Card£2,395
  • Credit Card£648
  • Council£172
  • Payday loan£1,408
  • Total Owed£18,303

Customer repayments before &after an IVA

  • Before an IVA


    (Total Contractual Rerpayments)

  • After an IVA


    (Total Contractual Rerpayments)

*monthly payments are based on individual financial


Write off most types of debt, including

  • Credit Card

  • Payday loans

  • Store Card

  • Overdrafts



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


To find out more about managing your money and getting free advice, vusut Money Advice Service, independent service set up to help people manage their money.

Finding Debt Help is a website that provides a means by which you can communicate with Debt Advisors and Insolvency Practitioners. This means we do not have to be regulated by the FCA in the United Kingdom. Nothing on this website constitutes financial advice. This website provides information only, and the choice of product is for you alone to choose. We process any information you provide us and we may pass this onto our trusted third party partners. Finding Debt Help is a website used for marketing purposes and no advice is provided directly from this site. Finding Debt Help introduces you to a potential partner that can help give you individual advice and match you to the right solution for your personal circumstances. These partners are Debt Advice services and Insolvency Practitioners, that are regulated by the FCA in the United Kingdom. We are sometimes paid a fee for the introduction. At no time do we state that the advice provided to you is ideal for your circumstances; once you obtain advice from our partner, your relationship is with the partner, and we are not responsible for that advice.

Use of this website by you constitutes acceptance by you of our Privacy Policy. If you do not wish to accept our Privacy Policy, please leave this website immediately. By using this website, you also consent to the collection and use of your personal information in the manner outlined in our Privacy Policy.

We will sometimes use testimonials or case studies from our clients or partners and publish these online, including on social media. When we do this, we will often use actors to deliver and present the content that we have received from real clients or partners.


** Average Debt Source : https://themoneycharity.org.uk/money-statistics/