Stop worrying, start living…
Living with debt can have a huge impact on your everyday life and relationships. Take back control with our help.
- Payback what you can realistically afford each month.
- Stop creditor calls, letters and visits.
- Regain control of your finances.
- Get protection from bailiffs and other legal action.
Loading
How We Can Help You
Debt is something that affects people from all walks of life. Our team of experienced personal insolvency advisors take a caring and non-judgemental approach to helping you on your journey to debt recovery. Stop worrying about debt and start living, contact us today.
We Listen
Our friendly team gather the facts to find out if you’re eligible to apply for an IVA.
We Advise
We provide straightforward expert personal insolvency advice you can trust.
We Support
If an IVA is right for you, we will support you on your IVA journey.
Refresh Insolvency
How We Can Help!
- Refresh Insolvency Ltd is a fully licensed and regulated insolvency practice specialising in the provision of Individual Voluntary Arrangements (IVAs).
- Our aim is to help you regain control of your finances by providing advice, support, and a solution that allows you to repay your debts at a rate you can afford.
- If an IVA is an option for you, we will provide you with your own personal advisor who will work with you to draft a proposal for your creditors right up until it has been approved. We will then support and guide you throughout the life of your IVA. We will always be on hand to answer any queries you may have. It is our promise, as a Refresh Insolvency client. You will always receive support throughout the term of your IVA. We will do everything in our power to help you bring your IVA to a successful completion.
For a further detailed breakdown of the IVA debt solution including eligibility criteria, the process and advantages/disadvantages can be viewed here
Please Note, entering into an IVA will affect your credit rating for at least 72 months, fees may be payable if ongoing services are provided.
IVA FAQ's
What is an IVA
An IVA is a legal contract between you and your creditors. It allows you to repay only what you can afford, whilst being legally protected from your creditors with all interest and charges guaranteed to be frozen. Any remaining debt will be written off when your IVA is brought to a successful completion.
What is the key to successful completion of an IVA
Responding to emails, returning phone calls and actioning requests when received. Let us know when there has been a change of circumstance. Make your IVA contributions on time. Submitting requested documentation when asked to do so and complying with the terms of your IVA.
What happens if your circumstances change?
If your circumstances change we can look at reducing your payments, authorise a payment break or put another offer forward to creditors.
What will happen after the IVA has finished?
An IVA will stay on your credit file for 6 years, which is usually 1 year after its completion. It will then be removed and you can start to rebuild your credit rating.
IVA Debt Advice
Our team of personal insolvency advisors are here to support and advise you every single step of the journey.
IVA Example
Become free of unmanageable debts and take back control of your financial future. Repayments are based on what you can afford – not what you owe.
(The debt write-off amount for each client differs depending upon their individual financial circumstances and is subject to the approval of creditors). The figures provided here of 60% is for illustration in this example and can be higher or lower)
IVA Information Hub
Creditors we can help you with
We can help you manage debts with some of the biggest creditors in the UK
