More people are choosing to use an IVA (Individual Voluntary Arrangement) over other debt solutions than ever before. It offers many people an alternative to the severity of bankruptcy. If you're in serious debt, and struggling to make your repayments there are a number of benefits to an IVA.

IVA benefits:

• Usually lasts five years
• No more contact with creditors
• Your monthly payments will be reduced to a level you can afford
• Your interest will be frozen
• Less stigma than bankruptcy
• Your career will not be affected
• An IVA remains a private matter
• Security of knowing your debt solution is legally binding
• Unlike bankruptcy, you won't risk losing assets, such as your house

An IVA is usually recommended for debt over £15,000. If you want to find out how to end your debt with an IVA, we can tell you who to call. Click to find out how to arrange an IVA and also get some confidential advice to help you get out of debt.