Quick Debt Solution Wizard

Want to regain control of your life and reduce the stresses of money worries? Complete this form and let us help you.

Total Debt :
Name :
Tel :
Mobile :
Email :
House No. :
Post Code :

By submitting your details you are accepting our Privacy Policy

IVAs : Frequently Asked Questions

Even though the number of people in this country with financial problems continues to rise, many individuals who cannot afford to pay their debts (often through no fault of their own) want the opportunity at least to act honourably. Their options are clear – either borrow more money or offer a repayment schedule to your creditors.

DebtMatters can offer you a genuine alternative to these options. We specialise in helping people to clear their debts without borrowing more money and can go through a process on your behalf specially designed to make you free of debt whether you have been able to pay your debts in full or not.

We achieve this through a legal, smart and safe procedure called a Voluntary Arrangement (IVA).

If you're unable to find an answer here then call for help on 08000 481 778.

  1. What exactly is a DebtMatters IVA?
  2. How much will I be required to pay each month into my IVA?
  3. How do I qualify for an IVA?
  4. What are the alternatives?
  5. Are there any other advantages with a Voluntary Arrangement?
  6. Why should my creditors agree?
  7. So how does a DebtMatters Voluntary Arrangement work?
  8. I have some assets. Will they be safe in a Voluntary Arrangement?
  9. What about my property?
  10. So what do I do now?

An IVA is a serious undertaking; it will affect your credit rating for six years. If you own a property it will be protected in an IVA, however you may be required to remortgage to release additional funds for creditors towards the end of the arrangement. For more information see IVA key information and fees.

Calls to "08000 481 778" Free of Change from a BT landline. Mobile and other operators may charge. Mobile users may find it cheaper to call "01204 555 264"
© DebtMatters Ltd. 2010
DebtMatters Ltd. Registered Office: Bridgeman Court, Salop Street, Bolton, BL2 1DZ. Consumer Credit License : 627372. Data Protection Registration Number : Z6082444