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Assisted IVA

 

An Assisted IVA is much like a Single IVA in that it is an IVA application where the debts are all under one name. While a husband/wife/partner is not obliged to pay any of their partner's debt, it may give the IVA a better chance of being accepted by creditors if they contribute money to their husband/wife/partner's IVA.

Debts that are owed jointly with two people can also be included in an Assisted IVA.

The criteria for an Assisted IVA is the same as a regular IVA:

  • You must have a debt over £15,000
  • You must have more than two creditors
  • You must be able to offer creditors at least £200/month

If you meet these requirements and want to contribute along with your husband/wife/partner then an Assisted IVA may be right for you.


Are you eligible for an IVA ?

Try our simple debt solution calculator to find out.


To get the best information for your circumstances it is always recommended to speak with a qualified adviser. We could be helping you in a few short minutes in a friendly, no-obligation chat : Request a call back or call us on 0800 043 3329

Alternatively if you would prefer to receive information by e-mail, please feel free to contact us via this simple form.