Our Process

When struggling with debt it can be very stressful and almost feel impossible to get everything under control again.

At IVA Helper we feel it is important for our clients to know the process from start to finish, to give out expectations from the start and to be clear on what is involved.

Setting up the IVA

1. Initial Contact / Application Form

One of our friendly team will reach out to see if you have any questions, concern and let you know we are there should you need us.

By then you will have received a link to complete our quick online application form, you won’t need any details to hand and you just complete the best you can to give us the information we need to understand your situation.

2. Documentation

We will let you know which documents or further information we may need to get your case reviewed by the insolvency drafting team, documents commonly are bank statements, photo ID, payslips, any creditor letters.

3. Case reviewed

Your case will be reviewed, our highly experienced insolvency team will review your case and supporting documentation to ensure your case is good to proceed for an Individual Voluntary Arrangement (IVA)

4. Verification

One of our experienced insolvency team will call you to go over your details, situation and ensure we have correct so far.

They will then go over your options to ensure you qualify and are sure you are doing the best solution for you.

5. Proposal

We will then email you (don’t worry we can post a copy if needed too) of your proposal to sign once you have read over and are happy to proceed with the agreement.

This proposal will have all your information taken already, the terms of the agreement and fees we charge for administering the agreement for the duration of the plan.

6. Approval

Once your proposal ha been signed we will arrange a Meeting of Creditors to ensure your creditors are happy for your Individual Voluntary Arrangement (IVA) to proceed this will be done within five weeks, once approved your case will be live and you will be fully protected and under financial control.

We will deal with the rest.

Your Expert Group, scottishtrustdeed.help, River Insolvency,  ivahelper.co.uk are trading names of YEG Insolvency Limited which is Authorised Representative (FCA Number 987650) of Secure Financial Management Limited which is regulated by the Financial Conduct Authority.

Free and impartial help with money – MoneyHelper

Secure Financial Management Limited’s FCA number is 550186. You can confirm this by checking the financial services register by visiting the FCA website www.FCA.org.uk?register or by contacting the FCA on 0800 111 6768. The registered office is 89 West Regent Street, Glasgow, G2 2BA. Registered in Scotland company no: SC393839. Registered with the ICO under the Data Protection Number ZA328512

Donna Forey is Licensed to Act as an Insolvency Practitioner in the United Kingdom by the Institute of Chartered Accountants of Scotland.

A formal debt solution may not be suitable in all circumstances. Fees apply. Your credit rating may be affected. 

*Debt examples are subject to creditor acceptance, payments are subject to individual circumstances, credit may be affected. Fees may apply.