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Did you know you can...

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Write off all of the debt you can’t afford
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Clear your debts in 60 months or less
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Consolidate debts to one lower, affordable monthly payment
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Prevent or stop legal action, including bankruptcy

See if you qualify

Find out if government legislation could help write off your unaffordable debts now

debt help
Approximately - how much do you owe?

Get started to becoming debt free

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Complete this step with the total amount of debt and the number of creditors that you owe.
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Please let us know how much money you take home after tax and your employment status.
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If you have qualified for Debt Help, simply provide your contact details and one of our advisors will contact you.

An IVA can be a great solution to serious debt problems, and a genuine alternative to bankruptcy

Individual Voluntary Agreements are designed as an alternative for people who would otherwise have no choice but to declare bankruptcy. Since they were introduced in 1986 as part of the Insolvency Act, they have become a widely used solution for people to solve their debt problems.

How do IVA's work?

IVAs are arranged on the basis that you will make regular monthly repayments for a fixed period of time, typically this is over five years. However, in limited cases the IVA may instead involve making a one off lump sum payment to your creditors, usually raised from assets such as equity in your home. In all cases we will carry out an assessment of your finances and recommend what will be the best option for you.

How long does it take to set up an IVA?

Usually an IVA can be set up in six to eight weeks, our Insolvency Practitioner drafts a proposal to your creditors and convenes a creditors meeting. At this meeting the Insolvency Practitioner negotiates on your behalf with creditors, they then vote on whether to accept or reject the IVA proposal put forward. Often creditors send their vote and don’t actually attend the meeting, but it’s vital that all your creditors are contacted. If they have no notice of the meeting they do not have to be bound by the terms of the IVA and can pursue you for their debt separately.

Example IVA

Here's an example of how an IVA can make your debt affordable*



Example IVA

Here's an example of how an IVA can make your debt affordable*



Don’t take our word

Some kind words from our awesome clients

I looked at a lot of debt solution sites and I choose the Debt-Helpline after speaking to a friend that had used them. They gave me great advice and were very professional. They couldn't have been more helpful and made me feel at ease with the whole process. many thanks to everyone at Debt-Helpline, I would not hesitate in recommending their service.

Mr I Sanders

I am so proud of myself that I found the courage to call Debt-Helpline. Everyone I dealt with has been professional and helpful from start to finish, the pressure has been lifted from my shoulders and I have you all the thank for that. Thank you all again.

Miss H Cole

Debt Help FAQ's


Don't know what an IVA is or want to find out more we have listed a few of our most commonly asked quesitons

1What is an IVA?
In short: an IVA (Individual Voluntary Plan) is a formal agreement settled with your creditors as a way to help you pay back what you can afford towards your debts.
2Will I be able to write off all my debts?
No, an IVA can’t be used to write off all of your debts. However, it is usually possible to write off up to 80% of what you owe. The exact amount that is written off will vary from case to case depending on your circumstances and the agreement of your creditors, who we will negotiate with.
3How does it work?
The first step is to talk to one of our friendly advisors and discuss what the best option for you is. We will then analyse your finances and decide what you can realistically do to pay back your creditors, after first giving priority to other expenses. After a little help from our IPs (Insolvency Practitioners), a draft of your proposals will be sent off to your creditors for review. They can then decide whether to support your proposals or not. Once all parties settle an agreement, your IVA proposals become legally binding. After 60 months (the usual term for an IVA), you will be free of debts that were covered by it with any remaining unpaid debts under the IVA being written off.
4Who can do an IVA?
An IVA can be used by nearly any British citizen, including:
  • Single person households with debt under one name.
  • Married/Cohabiting people with debt in joint and single names.
  • Business owners and self employed people.
  • Homeowners with one or more houses.
  • Tenants.
An IVA really is suitable for a wide range of different situations.
5How long does an IVA last?
An IVA typically lasts about 5 years, but it can be extended to meet the needs of the proposals. It can also be shortened if you are willing to pay a lump sum of money towards the scheme. You will always know when the IVA should be complete, as it is outlined in the agreement.

How do I arrange an IVA?

Only a licensed Insolvency Practitioner is able to set up and manage an IVA. If you are in debt and feel that an IVA might be the solution you’re looking for then the first step is to speak to one of our advisors. If an IVA is the best option for you we will prepare your case and appoint one of our Insolvency Practitioners to act on your behalf.

complete our no obligation debt helpline form so we can discuss your case. Once we have all the information we need and we are sure that an IVA is the right solution for you, we will help you.

What Happens Next?

Once the IVA is agreed our Insolvency Practitioner will supervise the arrangement and make sure things run smoothly, but we will also take an interest in the case and will keep you up to date at all times on the progress. An IVA can help you avoid having to declare bankruptcy, but you need to keep making the payments that have been agreed. It is therefore very important that we know the true extent on your debts – we need you to be completely honest with us about your financial circumstances, that way we can do our best for you and get the right settlement for you.

Find Out If You're Eligible