IVA: The IVA World

IVA Squirrel - Debt and IVA Advice from an IVA Expert

The IVA World - Creditors

Creditors (or loan sharks)

Creditors
(or loan sharks)

Creditors are the credit cards, banks and loan companies that loan you money.
These people will ultimately decide whether to accept the IVA (in something called a creditors meeting).

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Write off up to 75% of debt

Government approved

Interest rates frozen

Protection from creditors

Find out if you can do an IVA:

Total debt (not including mortgage)

£
(number only)

No. of Creditors (Companies you owe money to)

£
(number only)

Monthly Income (approx)

£
( number only)

Monthly Expenses (don't include debt repayments)

£
(number only)

Own your own home?__ Yes No


	This wizard will tell you whether the IVA is the right solution for you, what the monthly repayments would be and how much of your debt an IVA would write off. If an IVA isn't the right solution then the wizard will recommend 1 of 3 other possible options.