Individual voluntary arrangements are not the best solution for everyone. We strongly recommend that you get free, impartial debt counselling about your financial situation before contacting an IVA company.
As the UK’s foremost debt help charity, we can provide the help and advice you need, free of charge. Our online debt counselling service, CCCS Debt Remedy can assess your financial situation and recommend the very best debt solution for you. If that solution is an IVA, then CCCSVA, our in-house IVA service, can help you through the process.
You should be aware that individual voluntary arrangements are only suitable for people with unsecured debts of £15,000 or more. You also need to be in a position to make monthly payments, or pay a lump sum, towards your debts. How much you will need to pay into your IVA depends on the total money you owe to your debts.
Debt solutions
Although an IVA company might promote its services as the best way to resolve your debt problems, your individual circumstances might require a completely different solution. We will only recommend an IVA if it is the right solution for you. To find out if an IVA is appropriate for your debt problem, use CCCS Debt Remedy and benefit from our free, impartial advice in complete confidence.