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Here is an IVA example

*Substantiation example, Someone owes £60,000, they pay £100 over 60 months which equals £6000, write off amount would be £54,000 which is 90% of total debt level.

Here is an IVA example

  • Bank loans £6450
  • Short Term Loans £1150
  • Catalogues £1800
  • Credit cards £5500
  • Store cards £1350
  • Overdraft £500
  • Debt collectors £1200
  • Council Tax Arrears £800
  • Total £18,750

*Substantiation example, Someone owes £60,000, they pay £100 over 60 months which equals £6000, write off amount would be £54,000 which is 90% of total debt level.

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Debt Problems?

National Debt Help are a leading non-judgmental debt help company that offers UK residents debt help and advice. Take the first step to address your debt problems and seek debt help services now. Call our free National Debt Helpline on 0800 002 9051 Find out which debt solution is best for you.

Free debt counseling, debt adjusting and credit information services are available from the Money Advice Service.