IVA Calculator

Our calculator will help you to decide whether an IVA is right for you.

IVAs
Bankruptcy
Request a call back
for more information
Case Studies

Accident leads to spiralling debt

What is an IVA?

An IVA could save your home

A Debt Lifeboat IVA could protect your mortgage and save your home from creditors. It's one of the best reasons for choosing an IVA over bankruptcy.

If you file for bankruptcy, your home is often the very first thing that the Trustee in Bankruptcy will seek to sell. The Trustee in Bankruptcy may even seek to force a sale against your will.

But if you enter into an IVA with Debt Lifeboat, creditors accept that your mortgage payments come before any payments into the IVA. So long as you maintain your monthly mortgage and IVA payments your home will be safe.

If you have equity in your home, most of it (typically 75%) will need to be paid into your IVA. However, this money is generally paid within the last two years of your IVA, enabling you to re-mortgage your property.


Latest News
The rate of consumer price index (CPI) inflation increased to 2.7% in May, up from 2.4% in April, the Office for National Statistics (ONS) has said.
The rate of consumer price inflation (CPI) increased to 2.7% in May, up from 2.4% in April, the Office for National Statistics (ONS) says.

An IVA Could Save Your Home
A Debt Lifeboat IVA could protect your mortgage and save your home from creditors...
The truth about IVA debt write-offs
Claims, whether they appear on TV, in the papers or on the internet, are pretty...
What are my options?
Your debt solution choices depend entirely on your individual circumstances...
Latest Blog
18
Jun
Credit union rules burdensome, says Civitas
04
Jun
SMEs face 15% more judgements in 2013
29
May
X Factor finalist declared bankrupt