How do you get paid for me taking out an IVA?

There are a lot of costs involved for an IVA company to assess all your paperwork, put together a convincing proposal for your creditors, then manage and monitor your IVA.

The monthly repayments you make to your creditors are accumulated in a bank account from which we then take our costs for all the work we’ve put into setting up and maintaining your IVA agreement. Our fees are agreed with your creditors and come from the agreed monthly payment.
It’s important to note that we don’t simply just recommend everyone as being suitable for an IVA. We are an ethical company and will only suggest an IVA as a debt solution if it’s right for you, not so we can make money.

Creditors are well aware that the Insolvency Practitioner needs to be compensated financially for all the work they’ve done and this is clearly stated in every IVA proposal we put forward. This helps the creditor to see exactly how much they can expect to receive once these costs have been taken from your proposed contributions.


Call now on 08000 43 43 47 to discover if an IVA could be the solution to your debt problems or complete our IVA Wizard and see if you qualify for an IVA