IVA Fees | Costs

How much does an IVA Cost?

An IVA is structured so that your creditors agree how much fees are charged for setting up and supervising your IVA agreement. This fee is taken from the overall amount that you pay into the arrangement so you will never pay any more than your monthly payment.

For Example: If your monthly payment is £220 and the duration of your IVA lasts 60 months, you will only ever pay £13,200 (220 x 60). Any remaining debts will be written off.

Since the fees are decided and settled by your creditors, you only need to worry about choosing the right IVA provider who will give you the service you require

WARNING:
Never pay any upfront fees for an IVA. Some firms try to charge for advice and setting the arrangement up. NEVER pay fees unless an IVA arrangement has been setup on your behalf already. You should only ever pay fees for an accepted IVA proposal.

Apply for an IVA with us and we will tell you if an IVA is your best option

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* A fee is only payable where further services are requested. All fees will be explained in detail and discussed prior to commencement of any debt repayment plan. Repaying debt over a longer period may increase the total amount to be repaid.

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