IVA Comparison Site The IVA.comparison website
Qualify for Quick IVA?
Over in just 3 months
Write off up to 70% of debt
Find out using our 1 minute test
0800 324 7011
Home Submit IVA Review Insolvency Practitioners IVA Firms Map of IVA Firms Links Login/Register

IVA Comparison Tool - Compare IVA Plans
Quick IVA (NEW)
See if you qualify for a Quick IVA (over in 2-3 months, write off up to 70%)
Traditional IVA
Find out your monthly repayment - How much debt you will write off
Compare IVA firms
Find best IVA firm for your type of IVA case (based on customer feedback)
  Step 1 of 2
 
Credit Cards:: £ (please enter a number only)
Store Cards: £ (please enter a number only)
Overdraft: £ (please enter a number only)
Loans: £ (please enter a number only)
Others: £ (please enter a number only)
Avg Monthly Repayment: £ (please enter a number only)
Monthly Income: £ (please enter a number only)
Monthly Outgoing: £ (please enter a number only)
Do you own your property?: yesNo
 





What is a Quick IVA?

A Quick IVA is also known as a Full and Final IVA.

How do I Qualify for a Full and Final IVA?
To qualify for a full and final IVA you will need a total of 25% of the amount of your debt plus Insolvency Practitioner fees of £4000 (to do the case)


Example Case:
Total Debt=£50,000
Offer= £50,000 x 25% plus IP cost of £4,000 = £16500
Total repayment = £16,500,

Total Debt Write off is £33,500 (or 67% of total debt)

Further Notes:

Please note - IVA.com does not charge you any fees

A Quick IVA (or Full and Final IVA) only takes 2-3 months. A traditional IVA typically takes 5 years.

You will need to raise the amount in order to settle your debt in one go, this can be done via a remortgage or via a gift from friends or family.

By borrowing the money from an individual, that person/group will become your sole creditor, therefore, any monthly disposable income would in theory go to them, leaving nothing to pay to your old creditors or to the licensed practitioner.

The advantage of a Quick IVA is that a large chunk of your debt is wiped, leaving you only a manageable amount of debt to deal with.

 

Time Scale of a Quick IVA (Full and Final IVA)
2-3 Months Get the Quick IVA agreement into place
1-2 Months Your licensed practitioner will distribute the lump sum under the legal agreement between your creditors minus their fee
1 Month You will receive a notice of satisfaction against the debt. This can be passed to the credit reference agencies Experian and Equifax
12 Months Start to rebuild your credit rating


 

IVA.com recommends:
Recommended IVA Firm ClearDebt
Recommended IVA Firm Debt Lifeboat
Recommended IVA Firm RE10
Recommended IVA Firm IVA Advice Bureau

Most Reviews:
Num Company
172 IVA Advice Bureau
126 ClearDebt
93 Grosvenor Partners LLP
51 Debt Free Direct
45 Blair Endersby Limited
43 Debtmatters
39 Bridgestones
36 Philip Gill & Co
30 Debt Lifeboat
26 Clearstart

Last 10 Reviews:
Name Company Rating IP Rating
Steve 10 9
Depressedgraham 10 10
TrevH 9 10
Fred 1 1
Piston Broke 10 10
Glenn 1 1
RW 1 1
Martin 9 10
ALG 1 1
Lou33 10 10

> Click here to see all reviews

Last 5 Ratings (of Reviews):
Name: Quality? Genuine?
ClearDebt 4 / 5 5 / 5
Blair Endersby Limited 5 / 5 5 / 5
Freeman Jones 4 / 5 5 / 5
Freeman Jones 5 / 5 4 / 5
Wilson Phillips 3 / 5 5 / 5

> Click here to see all ratings

Client Login:
Email address:
Password:
or Create an account

IVA Firm or IP Login:
Log in address:
Password:

Best reviews
Rating Author
Gold PDD
Gold AUR
Gold andrewgoodman121
Gold Paul
Gold Graham Hodgson
Gold John F

Most viewed reviews:
Views Author
7084 scooby
5526 Dominic
5069 Kat19
4889 PAUL CHARLESON
4637 dee
4321 Julian Eccles
3880 neverending
3736 tawny
3578 Simon127
3260 Mr C


Search - Recent Reviews - Recent Ratings - IVA Firm Rankings - IP Rankings - IVA Glossary - Press Releases - Media Coverage - Contact