How to get started

Benefits of an IVA

• One realistic & affordable payment over a set period of time

• After successful completion of your IVA unaffordable debt is written off

• Protected Legally - After your IVA has been approved, no further action can be taken by creditors & all interest & charges are frozen

• The fees charged are taken from the affordable monthly payment you make over the agreed term of the IVA.

• Interest and charges will stop

• Support from a fully qualified team, who can help you through the journey.

Considerations

• Creditors don't have to agree to an IVA proposal so it's not guaranteed

• It affects your credit file for six years.

• Your information will be held on the public insolvency register

• There are costs involved with an IVA, which are outlined in our “Fees & Key information” section. However, costs are deducted from the contributions you make. These will be fully explained to you and detailed fully in your IVA proposal. 

• No further credit will be able to be obtained during your IVA term

• If you own a property/properties you may be asked to release any equity in them

• If your IVA fails, it may result in Bankruptcy.

• If you earn additional income then a percentage of this may need to be paid into the IVA. 

Benefits of an IVA

• One realistic & affordable payment over a set period of time

• After successful completion of your IVA unaffordable debt is written off

• Protected Legally - After your IVA has been approved, no further action can be taken by creditors & all interest & charges are frozen

• The fees charged are taken from the affordable monthly payment you make over the agreed term of the IVA.

• Interest and charges will stop

• Support from a fully qualified team, who can help you through the journey.

Considerations

• Creditors don't have to agree to an IVA proposal so it's not guaranteed

• It affects your credit file for six years.

• Your information will be held on the public insolvency register

• There are costs involved with an IVA, which are outlined in our “Fees & Key information” section. However, costs are deducted from the contributions you make. These will be fully explained to you and detailed fully in your IVA proposal. 

• No further credit will be able to be obtained during your IVA term

• If you own a property/properties you may be asked to release any equity in them

• If your IVA fails, it may result in Bankruptcy.

• If you earn additional income then a percentage of this may need to be paid into the IVA.

First class service

Very helpful keen lovely friendly staff, they listen to you! And go the extra mile.

Linda Richardson

We help people overcome problem debts with leading creditors in the UK

We help people overcome problem debts with leading creditors in the UK

Debt is something that affects people from all walks of life

You're not alone - let us help you find a solution that's right for you.

Our advisors are here to listen and help you understand the options available based on your individual circumstances and see if there's a better solution to clear your debts. 

We provide advice on all available options so that you can make an informed decision about your financial future. 

Start your journey today and see which solution suits your needs.

Write off unaffordable debts

Example of how your debts could be lowered with our help

Don't face unaffordable debt alone

We've helped 1000's overcome problem debt

Debt is something that affects people from all walks of life.

You're not alone - let us help you find a solution that's right for you.

Our advisors are here to listen and help you understand the options available based on your individual circumstances and see if there's a better solution to clear your debts. 

We provide advice on all available options so that you can make an informed decision about your financial future. 

Start your journey today and see which solution suits your needs.

Don't face unaffordable debt alone

We've helped 1000's overcome problem debt

Write off unaffordable debts

Example of how your debts could be lowered with our help

This example is for illustration purposes only and based on a typical 60 month IVA. Monthly payments and debt written off are based on individual circumstances

First class service

Very helpful keen lovely friendly staff, they listen to you! And go the extra mile.

Linda Richardson

Text us if you have questions or any immediate concerns

First class service

Very helpful keen lovely friendly staff, they listen to you! And go the extra mile

Linda Richardson

0741 834 4346

Benefits and Considerations Off what we offer

How to get started

What is an IVA?

An IVA - Individual Voluntary Arrangement is a legally binding arrangement with your creditors to pay all or part of your debts.

Your insolvency practitioner who you agree to make regular payments to will share this money amongst your creditors. You can get more control of your assets with an IVA than bankruptcy.

How does an IVA work? 

Your personal financial situation will be reviewed to assess your debt level & what you can realistically afford to pay each month. 

We can refer you to one of our preferred IP's  - Insolvency practitioners - if an IVA is suitable. If the formal proposal made to your creditors from your insolvency practitioner is accepted, extra charges or interest can no longer be added.

An IVA typically lasts 60 months. Providing all of your payments during this time have been made, all unpaid debt is written off.

Struggling with debt?

Reduce your monthly payments & overcome problem debts in an IVA

What are the fees & costs of an IVA? 

All IVAs have fees named Nominee, Supervisors and Disbursements but the good news is that these are included within your payment and the time frame, these are also agreed with your creditors at the outset. Typical fees are as follows:

Nominees and Disbursement Fee – £1,900
Supervisors Fee – £1,750

Free debt counselling, debt adjusting and providing of credit information services is available. You can find out more by contacting Money Helper. 

We address your biggest concerns

We help people find solutions to overcome problem debt and address their biggest concerns affecting their day-to-day lives

Debts we can help with

We can help you with the debts below and many more

We address your biggest concerns

We help people find solutions to overcome problem debt and address their biggest concerns affecting their day-to-day lives

Debts we can help with

We can help you with the debts below and many more

We specialise in debt solutions

Our advisers are here to listen and help you understand the options available based on your individual circumstances to see which debt solution is most appropriate.

Start your journey today and see which solution suits your needs.

What is a debt solution? 

Debt is something that affects people from all walks of life and it can be daunting to find a solution resolve problem debt.

Debt solutions were created to help people deal with their debt. Solutions can be formal procedures and fall under personal insolvency, such as an Individual Voluntary Arrangement and Bankruptcy, and informal solutions, such as Debt Management Plans and Negotiated Agreements with Creditors.

We're here to help people with problem debt

At UK Debt Service we specialise in helping people find a solution to overcome problem debt

How do debt solutions work? 

Each debt solution is designed to help people manage their debt and work towards becoming debt free.

Finding a solution that works best for you can be tricky because each solution has its own set criteria to be met to qualify for the solution.

You will also need to look at the benefits and considerations of each solution so you can make an informed decision.

We specialise in debt solutions

Our advisers are here to listen and help you understand the options available based on your individual circumstances to see which debt solution is most appropriate.

Start your journey today and see which solution suits your needs.

What is a debt solution? 

Debt is something that affects people from all walks of life and it can be daunting to find a solution resolve problem debt.

Debt solutions were created to help people deal with their debt. Solutions can be formal procedures and fall under personal insolvency, such as an Individual Voluntary Arrangement and Bankruptcy, and informal solutions, such as Debt Management Plans and Negotiated Agreements with Creditors.

We're here to help people with problem debt

At UK Debt Service we specialise in helping people find a solution to overcome problem debt

How do debt solutions work? 

Each debt solution is designed to help people manage their debt and work towards becoming debt free.

Finding a solution that works best for you can be tricky because each solution has its own set criteria to be met to qualify for the solution.

You will also need to look at the benefits and considerations of each solution so you can make an informed decision.

UK Debt Service is a trading style of Dee Valley Finance Limited registered in England & Wales, company registration no: 11054814. Our registered office address is Red Hill House, Hope Street, Saltney, Chester, CH4 8BU.

Dee Valley Finance Limited do not administer debt solutions directly. All financial solutions are subject to eligibility and acceptance and depending on your chosen solution, fees may be charged by the service provider.

Your enquiry will be processed by one of our panel of trusted 3rd party companies. These companies have in-house advisors who will go through all appropriate debt options, products and solutions available to help gain the best outcome for your individual circumstances. Our panel of 3rd party providers are fully regulated in the UK by either the Financial Conduct Authority (FCA), Insolvency Practitioners Association (IPA) or the Institute of Chartered Accountants in England and Wales (ICAEW) and cover all solutions for England, Wales, Northern Ireland and Scotland. All providers are listed on our Privacy Policy.

UK Debt Service is a trading style of Dee Valley Finance Limited is authorised and regulated by the Financial Conduct Authority (FCA). FCA no: 811106

© 2023 Dee Valley Finance Limited. All Rights Reserved.

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0161 823 4974