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Free advice on problem debt
based on what's best for you

0800 138 1111 Freephone - including all mobiles

High success rate for StepChange Debt Charity IVAs

IVAs remain a good way of dealing with debt problems for many people, thanks to standards of transparency and integrity set by StepChange Debt Charity.

We set up our own IVA company (StepChange Voluntary Arrangements, formerly CCCSVA) in 2007 to make sure that IVAs remain an effective way of helping people out of unmanageable debt.

Figures for 2012 show that lenders accepted 98.5 percent of IVAs proposed by StepChange Debt Charity.

This high success rate demonstrates that StepChange Debt Charity offers only the most appropriate remedies to those who need debt advice.

Will an IVA suit me?

An IVA is a form of insolvency. An IVA is a legally binding arrangement between you and your creditors, where they agree to either a fixed affordable monthly payment over a fixed term (usually five years) or a lump sum settlement.

The proposal is your responsibility and as long as you keep to the arrangement, your unsecured creditors will not chase you for payments or add interest to what you owe.

Before you consider an individual voluntary arrangement, make sure it’s the best option for you.

Our online Debt Remedy tool will identify the best solution to your debt problem. Alternatively, you can ring our free Helpline on 0800 138 1111.

StepChange IVAs

Helping you become debt free...

"What an amazing service. It is not always easy to call for help on the phone and the advice given to me was very private and very helpful."

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