Debt Calculator

Roughly how much unsecured debts do you currently have?

Less Than £6,000
£6,000 - £10,000
£10,000 - £20,000
More Than £20,000

What is your current employment status?

Full-time employment
Part-time employment
Looking for work

What country do you live in?

Northern Ireland

Good News, We can help you become debt free results!

    "Get Help Now" To See What Options You Have Available

    What Is An IVA?

    An IVA (Individual Voluntary Arrangement) is a formal agreement made between the person in debt and their creditors. Once you enter into an IVA your creditors can no longer take further action against you to recover any outstanding debts, All interest and charges associated with your debts are frozen.

    All IVAs are set up and managed by an Insolvency Practitioner (IP), An IVA is a form of insolvency that can potentially right off up to 90% of your debts and is also an alternative to bankruptcy. 

    In an IVA a single payment is agreed with your financial situation taken into consideration, The payment is then divided between the unsecured creditors over a set period of time (usually five years), after which any remaining debts are written off. 

    Once you enter into an IVA (individual voluntary arrangement) your creditors are legally bound by the terms and conditions imposed by an IVA, These include stopping to take any further action or contacting you directly.

    Whilst there are no legal maximum or minimum amounts you must owe to get an IVA, Usually, you must owe at least £5,000 to get your creditors to agree to the IVA. You can owe this amount across more than one debt, with more than one creditor.

    At the end of your IVA, Any debt remaining will be written off and you will become debt-free.

    An IVA is open to residents of England, Wales and Northern Ireland. Scottish residents can find support in the form of a (PTD) Trust Deed or also known as a Protected Trust Deed.

    Example of How We Can Help

    See how an IVA could help you with this simple example to consolidate all unsecured debts into one smaller monthly payment and write off unaffordable debt.

    ** In most cases up to 90% of the debt can be written off with an IVA. The amount written off will depend on your circumstances, levels between 30% and 90% are realistic.

    How to apply for an IVA

    Try our IVA Calculator find out if you qualify online, chat with our friendly team via WhatSapp Support or Chat Online 

    Our trained money advisers will confirm how much debt you can write off with an IVA, Average debt write off is between 30% to 80% – Chat to our friendly team here now

    Getting your IVA approved, We negotiate with your creditors to get everything approved our success rate is 97% Get Started Today

    Advantages of An IVA

    No upfront fee’s

    It’s affordable, You only pay back what you can afford and normally only an agreed percentage of your debts

    You make only a single payment each month which is distributed to creditors on your behalf.

    You will be debt-free in a set period of time, normally 5 years

    Once your IVA is approved, All your creditors must agree to the IVA. Including the terms and conditions attached to an IVA

    By law, all interest and charges are frozen as long as you maintain your payments

    Your creditors will stop calling, Once enough of your creditors agree to an IVA at least 75% in value of the creditors will need to vote in favour

    Legally binding this means all creditor action, contact and demands will stop once the IVA has been approved

    You won’t be forced to sell your home, Your home is a protected asset in an IVA

    Types of debts you can include in an IVA

    Credit Cards


    Store Cards


    Court Debts

    Business Debts


    Payday Loans

    Utility Bills

    Car Finance

    Who Can Get An IVA?

    An IVA (individual voluntary arrangement) is normally only suitable for people who are struggling to maintain payments to their current debts and have a regular income.

    In order to get an IVA, you must have spare income after you have met your essential living costs each month.

    Your creditors will be obliged to agree to an IVA if you meet the other criteria needed to get an IVA plan. Your insolvency practitioner will be able to offer you more specific advice once they know your circumstances.

    In order to qualify for an IVA, you must reside in England, Wales or Northern Ireland. You will also need the minimum requirements:

     Have £5,000 or More of unsecured debt

    ✔ Owe money to two or more creditors 

     Live in England, Wales or Northern Ireland

    Maintain a payment of a minimum of £70 per month 

    You can see if you qualify for an IVA and whether you can write off up to 90% of unsecured debt

    Debts Cannot be Included In An IVA


    Existing Mortgages

    Secured Debts

    Active Finance Agreements

    Fraudulent Debts

    Court Fines

    TV Licence

    Student Loans

    Child Support Arrears

    IVA – Frequently Asked Questions


    Barbara James – April 2020

    Excellent Service

    Excellent service dealt with everything in quick time and had to do nothing on my end! Thank you very much, would advise anyone who needs their help to do so!.. See More Reviews


    Neil Patterson – April 2020

    OMG, Life Saving

    OMG, where to start. I had a mental illness which put me in huge debt. I had made a decision to end my life as I could see nowhere to go. I contacted many debt firms, but due to having employees no-one would help me. At the 11th hour Steve and Nicole came to my rescue

    Many tears later down the phone and Steve had persuaded me that to end life is not worth it, and there is always a solution.. See More Reviews


    Amy Pring  – February 2020

    I Couldn’t Begin To Deal With My Debts

    I couldn’t begin to deal with my debts but they made it so easy to deal with and made the worry lift off my shoulders honestly can’t thank them enough for everything they’ve helped me with.. See More Reviews

    Don’t lose yourself to debt. Feel like you again.