0800 634 1125

How an IVA works

As an IVA provider our company will discuss your circumstances with you and once we are satisfied that we have all the information that we need we will prepare your IVA proposal for consideration by your creditors.

As part of the individual voluntary arrangement agreement we will ensure that you will have enough money to live on and enjoy a reasonable lifestyle.

Once the individual voluntary arrangement (IVA) has been drawn up by the practitioner and signed by you, we will hold a creditors meeting and once your creditors approve the proposal we will implement the arrangement and administer it.

An IVA takes about 6-8 weeks to set up.

We offer an ethical approach to helping people in debt and our advice is FREE.

Because our senior staff are barristers and solicitors with over 20 years unrivalled experience in helping people with debt problems. 95% of IVA applications we submit are approved – we are able to overcome obstacles that our competitors cannot. We will also give you expert advice as to whether an IVA is the most appropriate solution, or whether you should look at another debt management solution.

To apply for an IVA you provide us with information on...

  1. Your household income and expenditure.
  2. Any assets that you own including your house, cars, policies etc.
  3. A full list of all of your creditors together with reference numbers and current balances. Include all store cards, loans, catalogue debts, unpaid utility bills etc.

You will NOT need to contact your creditors. We will do that for you.

Once the individual voluntary arrangement is agreed you will need to make the agreed monthly payments for the period approved by your creditors.

After this period you are debt free!



Click here to find out if an IVA is right for you »

CALL IVA ZEBRA NOW ON 0800 634 1125.
If you are calling from a mobile please ring 01625 544770.