Write off debt with an IVA

We look at how an Individual Voluntary Arrangement (IVA) can help you if you are struggling with unsecured debts of £5000 or more.

Is there a Scottish IVA?

In Scotland, an IVA is not available, but there is a similar solution called a Scottish Trust Deed which is a voluntary arrangement made with the creditors.

Could an IVA be your debt solution?

Despite the amount of credit paid off by Britons increasing last year, personal debt still stands at nearly £1.5 billion. According to the Insolvency Service 135,089 Britons faced bankruptcy or obtained an IVA last year.