At IVA Northern Ireland we mainly offer IVAs and other Insolvency solutions. Below are some of the other Insolvency solutions we offer and also some information on informal solutions. We do not offer informal debt solutions, but like to make you aware of all options available to you for addressing your problem debts. If an Insolvency solution is not suitable for you or you would prefer something more informal we will, with your permission, refer you to an appropriate provider that can assist you further.
If you are having difficulty with managing your debts, please do not hesitate to contact us. We can advise on all kinds of debt and if an IVA isn't your best option, we can help you find out your other options too.
All advice is free, private and confidential. Your information will never be passed to any third parties.
Debt Management Plan (DMP)
A Debt Management Plan is an informal arrangement, suitable for people with debts of £1,000 and upwards, with more than 1 creditor.
Debt Consolidation
Debt Consolidation is a way of organising debts into 1 monthly payment. It can help organise your debts and could lower interest and charges.
Bankruptcy
Bankruptcy is a formal Insolvency procedure that deals with debts that you cannot afford to pay. It is usually seen as a last resort.
Debt Relief Order
A Debt Relief Order is a solution that allows you to deal with debts that you cannot afford to pay up to the amount of £15,000.
Administration Order
An Administration Order allows you to deal with debts under £5,000 if you have a CCJ against you that you cannot pay in full.
Help for Businesses
Self Employed or Business Insolvency solutions can be more complex as a business is involved. We specialise in this type of case.
First Class. I was in was in a mess with my debts, but the way they sorted out all my problems and made life less stressful was great. The service and speed in which they sorted my IVA was superb.