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Write Off Debt

Write Off Debt

If you owe more than £15,000, an IVA allows you to avoid the trauma of bankruptcy. Debtcounsellors provide IVA advice and IVA information. As licensed insolvency practitioners we can agree an IVA for you!

Once in place, an IVA will help clear your debts at an affordable monthly payment over a fixed period, usually 60 months. Any interest that is owing is frozen.

At the end of the fixed period, your IVA is complete, all outstanding balances are permanently written off and you will be completely debt free.

Do I need an IVA?

Do you suffer from any of following: Credit card debt, struggling to repay the mortgage don’t have enough spare cash each month, close to bankruptcy? If your debts are over £15,000 an IVA could be your best option forreducing debt quickly and in a controlled manner. With an IVA it means people you owe money to will contact you your debts will be cleared in a specific time and period and your monthly payments are reduced.