Joint IVA | Interlocking IVA

What is a Joint IVA?

A Joint IVA is an IVA application where both applicants (husband and wife or partners) have debts, either individually or jointly.

Who can apply for a Joint IVA?

Anyone who meets the criteria for an IVA and has joint debts with a husband/wife/partner.

IVA Criteria

- Debts over £15,000
- 2 or more creditors
- At least £200 to offer creditors per month

If you meet the above criteria an IVA may be right for you and you could have a large portion of your debts legally written off.

Apply for an IVA

What is the process of applying for a Joint IVA?

1) Contact us on 0800 043 0200 or fill out our Application Form and we will call you.

2) Tell us about you and your partner's circumstances, debts, income, living costs etc

3) We will then discuss your options.

4) If a Joint IVA is appropriate for your circumstances we can start working on your case.

5) We will draft your IVA proposal and send it to you for your review and signature.

6) We contact your creditors with your IVA proposal and ask them to accept it.

7) Upon acceptance you will start making your payments as agreed in your proposal.

8) Upon successful completion of your IVA any remaining debts will be written off and you will be completely debt free.