IVA - Lander - GW Debt Solutions

Write off upto
80% of your debt

With a bespoke IVA payment plan

    What is an IVA

    It can be a confusing world when it comes to choosing a solution to end your debt problems, with so many products and so many different names. Here we are going to explain what an IVA (Individual Voluntary Arrangement) is, how it might benefit you and why you might consider it as the right option.

    An Individual Voluntary Arrangement is a legally binding agreement that lasts approximately 5 years between yourself and your lenders. It is a formal agreement, which differs from a debt management plan (which is a less formal agreement with your potential creditors).

    It offers a more managed alternative to bankruptcy in a great many cases although there are some distinctions when it comes to whether bankruptcy is the only course available to you.

    Typically with an IVA, between 50-60% of debt is written off - but in some cases it can go as high as 80%. As you may imagine that is often dependent on a lot of different circumstances and that’s where the advice of a GW professional can be so invaluable. But whatever level of debt is written off ultimately you end up with one, convenient and reduced monthly payment in comparison to multiple, higher payments.

    And crucially, at the end of the IVA, you will be debt free.

    Find out how much you
    could save
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    Firstly, how much do you owe?

    < £5k
    0 100

    <£5k

    >£50k

    How many debts do you have?

    1
    2
    3
    4
    5+

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    5 reasons why and IVA could be the right option for you...

    1. A significant portion of your debt is written off in a formal agreement that gives you clarity and peace of mind.
    2. It does not impact home ownership which can be a hugely important issue for many people.
    3. All interest and charges are frozen with immediate effect.
    4. Creditors will stop harassing you.
    5. An IVA enables you to get your finances back in control.
    Five Reasons

    How does it work?

    It couldn't be simpler really. In the first instance all you need to do is fill in basic details on this form. We will then call you and establish if you qualify for an IVA whilst you are on the phone. We will then contact your creditors and arrange the IVA on your behalf.

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    Apply for support

    Complete some basic details via our form and our experts will be in touch

    Debt Experts

    Our experts will call you

    We will establish if you qualify for an IVA over the phone

    Legwork

    We do the leg work

    We'll contact your creditors and arrange the IVA on your behalf

    The results

    Our experts will consolidate your debts into one lower monthly payment. We may also be able to reduce your charges and freeze the interest on your debts

    Debt head

    Johnathan Dhoe
    Example IVA Breakdown

    Personal Loan£6,400
    Credit Card£3,200
    Credit Card£3,450
    Overdraft£5,350
    Mortgage£6,300
    Store Cards£900
    Total unsecured debt£25,600

    Before an IVA

    £640

    Per month

    With an IVA

    £192

    Per month

    70%

    Reduction

    Take your first step

    toward a debt-free future