FAQs

Common IVA questions, answered clearly.

Straightforward answers about IVAs, eligibility, costs, debt write-off and what happens after you check if you qualify.

FAQs

Frequently asked questions

An Individual Voluntary Arrangement (IVA) is a legally binding agreement between you and your creditors in England, Wales or Northern Ireland to repay part of what you owe over a set period, usually five years.

Next step

See if you meet the criteria.

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Knowledge Hub

Understand your options before you decide.

Plain-English guides on IVAs, eligibility, fees and the full process — written to help you feel informed, not pressured.

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