Individual Voluntary Arrangements (IVAs)

This is a formal arrangement set up by a qualified Insolvency Practitioner, and it requires the agreement of 75% (in value) of your creditors to enable it to go ahead. It can be arranged in cases where debts exceed £15,000, and you can afford to pay at least £200 per month off your debts. (more)

Give us 5 minutes and we'll give you:

Advice on all debt solutions that you may apply for
If your debt can be written off
Explain any interest or charges that can be frozen
Honest, no obligation advice

Some solutions, such as a Debt Management Plan or an Individual Voluntary Arrangement involve costs when the plan is set up. These costs are there to cover the expenses and work undertaken on your behalf. You will always be told clearly about any costs upfront. Other solutions, such as a Bankruptcy incur costs which are payable to the Court; Debt Relief Orders incur costs which are payable to the Insolvency service.

Debt Direct is a trading name of Tatstar Limited. Tatstar holds a consumer credit license to offer debt counseling. Your enquiry will be passed to a selected third party who will contact you to discuss the most appropriate solution for your circumstances.