IVA Advice Centre

Surviving Christmas on an IVA

We know it can be stressful wondering where you're going to find the money for all that eating, drinking and making merry. But living on an IVA doesn't have to mean Christmas is cancelled. Read article

Will an IVA freeze interest on my debts?

If you are eligible for an IVA it could help you with your debts in a number of ways. Read article

How does an IVA really work?

An IVA could help you deal with your unsecured debts. Read article

What are the pros and cons of entering an IVA?

An IVA can help you tackle your unmanageable debts, but there are disadvantages too. Read article

Can store card debts be included in an IVA?

An IVA could help you to repay unsecured debts like overdrafts, credit cards and store cards affordably - and write off what you can't afford. Read article

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 article

It's good to know:
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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.