Your creditors bear the cost of the fees.
If your IVA is approved, the fees will be paid from the monthly contributions you pay into the IVA.
This means that your creditors will bear the costs of the fees. For this reason the fees which we seek to charge may be varied (with your agreement) by your creditors before the IVA is approved.
Creditors may change the way in which we charge our fees. You can refer to the Guide to Fees here for further information.
Key points about our fees
We will explain the fees and expenses we propose to charge and ask you to confirm your agreement to these fees before we charge for any work on your behalf.