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Here is an IVA example

Here is an IVA example

  • Bank loans £6450
  • Short Term Loans £1150
  • Catalogues £1800
  • Credit cards £5500
  • Store cards £1350
  • Overdraft £500
  • Debt collectors £1200
  • Council Tax Arrears £800
  • Total £18,750

*Substantiation example, Someone owes £24,000, they pay £100 over 60 months which equals £6000, write off amount would be £18,000 which is 75% of total debt level.

Get National Debt Help’s Assistance Today

Debt Problems?

National Debt Help is an insolvency practice who assists individuals who are feeling the pressure of being overloaded with debt by providing Individual Voluntary Arrangements or Protected Trust Deeds. Take the first step to address your debt problems and seek debt help services now. Call our free National Debt Help line on 0800 002 9051 find out whether we can offer a solution to help you.

Free and impartial money advice is available from the Money Advice Service, an organisation set up by the Government for people in debt.