An IVA is a formal debt solution that will put you back in control of your finances. You will make one affordable monthly payment to cover all of your unsecured debts for a fixed period of usually 5 years. At the end of this, any debt that hasn’t been repaid will be legally written off. Furthermore you have legal protection from your creditors during the IVA – this also means no further interest and charges can be added to the debts. This may not suitable in all circumstances. Fees apply. Your Credit Rating may be affected.
At Abbotts, we know that debt is stressful enough without complicating things with confusing jargon and lengthy processes. That’s why we try to make the process as simple as possible. Begin your journey today starting with the three steps below. The speed of the process will change on a case by case basis depending on your circumstances.
Use our easy online questionnaire to find out how much you can write off.
One of our specialists will be in touch to discuss the plans available to you.
Select the best fit for your circumstances and lifestyle.
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Answer a few questions
Speak to a debt specialist
Choose your plan