Help is just a few steps away.
We're here to help you, so we've simplified our process to make it easy for you to get all the help and information you need to take back control of your finances.
KEEPING IN TOUCH
We keep in touch with you throughout
You are not alone one your IVA is approved. We will keep in touch with you over the next five years to check everything is going well and you can contact us at any time during your agreement.
Please make sure you keep us up to date if your financial circumstances change, especially if your repayments could be affected. If you are prevented from complying with your IVA by circumstances outside of your control, we may be able to reach an acceptable agreement with your creditors.
You may need to seek a remortgage
Homeowners may be required to seek a re-mortgage in the 5th year of the IVA to release equity available for the benefit of creditors.
This will be subject to strict criteria that ensures releasing equity does not result in an adverse affect on your circumstances beyond the completion of the IVA.
The first 15% of any available equity is automatically excluded and you will only be requested to seek a remortgage if you have £5,000 over and above this.