These are the 21 most common questions our customers ask our IVA advisers. If you have a question that is not among these 21, please visit our additional IVA questions and answers page.

An IVA is a very flexible arrangement, so it works for a large number of people. We would need to sit down with you and discuss your particular circumstances to see if an IVA would provide you with the solution you are looking for. Typically, you would need debts in excess of £18,000 and an ability to make a monthly contribution of at least £200 for an IVA to work. Creditors generally expect you to have at least three other creditors before they will approve your IVA proposal.