How we help you
- September 2012
- August 2012
- July 2012
- June 2012
July 2012
Could a car loan be included in my IVA?
An IVA should include all of your unsecured debts, including car loans, and HP agreements can continue at your lenders' discretion.
Read moreWhen does a debt become statute barred?
Unsecured debts can become 'statute barred' after six years, and secured debts after twelve.
Read moreWhat is an IVA proposal?
An IVA proposal shows your unsecured lenders exactly how an IVA could work for you.
Read moreCan I include gas bill arrears in my IVA?
Gas bills are a priority debt, which means that they can't usually be included in an IVA. However, arrears could be included in some circumstances.
Read moreIVA or DRO: which is the better option?
IVAs and DROs can help people in different situations to deal with their unsecured debts.
Read moreWhat if my lenders don't accept my IVA?
If your lenders dont agree to an IVA, there are still options open to you.
Read moreCan a personal loan be part of an IVA?
A personal loan is an unsecured debt, so it can be included in an IVA (Individual Voluntary Arrangement).
Read moreCan an IVA be used to pay off my overdraft?
An overdraft is an unsecured debt, so it can be included in an IVA.
Read moreWhat rights do bailiffs and debt collectors have?
A debt collector does not have the same rights as a bailiff, and it is important to know your rights too.
Read moreCan Hire Purchase debts be included in an IVA?
An IVA could help you repay unsecured debts that you cannot afford. It does not cover hire purchase debts, but it could make sure those debts are affordable.
Read moreWho will know about my IVA?
Your IVA will be recorded on the Individual Insolvency Register - which is publicly available, but which most people don't ever look at.
Read moreWhat documents do I need to start an IVA?
To start an IVA, you'll need to provide certain documents to prove it's a suitable solution for your circumstances.
Read moreHow quickly can an IVA be set up?
An IVA can take anywhere from a few weeks to a couple of months to set up.
Read moreCan I arrange an IVA on my own?
Your IVA will have to be arranged by a qualified Insolvency Practitioner.
Read moreWhat is an Insolvency Practitioner and what do they do?
An Insolvency Practitioner will arrange your IVA for you - and help you make it a success.
Read moreCan I include electricity bills in my IVA?
An IVA could help you repay a significant amount of unsecured debt in an agreed timeframe - and could help you keep on top of your priority bills too.
Read moreCan IVA payments change?
IVA payments can change if your circumstances change - and this can affect how long your IVA lasts. Find out more here.
Read moreWhat's the difference between an IVA and a debt management plan?
IVAs and debt management plans are suitable for people in different financial circumstances.
Read more
It's good to know:
- We negotiate with the UK's major lenders and retailers
- We pride ourselves on our approach to great customer service
- Each month 1000s of people are benefiting from our help
To find other sources of free advice visit Money Helper. It's here to listen and give free, impartial, trusted guidance. Based around you and backed by government.
Subject to eligibility and acceptance. Fees Payable. Debt write off applies to unsecured debts only and on completion of an IVA, alternative solutions may be offered. If your IVA fails, it could lead to Bankruptcy. Your ability to obtain credit will be affected for at least 6 years. Homeowners may be required to release the equity in their property.