One low monthly IVA payment
In an IVA you will only be expected to pay what you can sensibly afford each month; one low monthly IVA payment makes managing debt much easier.
The IVA process is intended to get you debt free, not to get you in deeper.
We will help you calculate the amount of your monthly IVA payment when we go through your income and expenditure statement so you’ll know what it is before you make a final decision to go ahead.
Ongoing IVA advice
The IP who supervises your IVA will also be able to help with setting the right monthly amount for you and they will be on hand to advise if your circumstances change and it’s appropriate to alter the monthly payment or if you have good reason to pause the arrangement due to unforeseen circumstances.