We know it can be stressful wondering where you're going to find the money for all that eating, drinking and making merry. But living on an IVA doesn't have to mean Christmas is cancelled. Read article
Your bank account provider could enforce their right to offset during your IVA if you owe money to them. Read article
If your financial circumstances change during your IVA, you may need to ask for an IVA variation. Read article
You can pay a reasonable amount of your wage into a pension while you're on an IVA with Freeman Jones. Read article
If you claim benefits, you could still qualify for an IVA, but if benefits are your only income, there might well be a better alternative. Read article
There are a number of disadvantages to bankruptcy that could be avoided with an IVA. Read article
To find other sources of free advice visit Money Helper. It's here to listen and give free, impartial, trusted guidance. Based around you and backed by government.
Subject to eligibility and acceptance. Fees Payable. Debt write off applies to unsecured debts only and on completion of an IVA, alternative solutions may be offered. If your IVA fails, it could lead to Bankruptcy. Your ability to obtain credit will be affected for at least 6 years. Homeowners may be required to release the equity in their property.