Because an IVA is a formal legal agreement, you cannot set one up on your own. You must use a licensed Insolvency Practitioner.

The best way to implement an IVA is to first speak to a Debt Management company who will look at your circumstances and help you decide which debt solution is right for you. 

Where to start

• Choose the solution – Use the “Which way should I turn” form to get your FREE DEBT REPORT
• Ask the experts – use the Beat My Debt Forum
• Call us now – speak to one of our advisors in confidence to see if an IVA can work for you.

Take the first step to beating your debt NOW – Call us free on 0800 077 6180

Choose the right Insolvency Practitioner

If it is decided that an IVA is the right solution for you, Beat My Debt will be able to recommend an Insolvency Practitioner who is either local or experienced in dealing with the special circumstances of the situation.

For example, if you are self employed, you will normally need to use an Insolvency Practitioner who has experience of working with self employed people.