An IVA normally lasts for 60 months. But there are times when it is possible to complete an IVA in a shorter time, if applicable you should discuss it with your Insolvency Practitioner.

Yes, you will be able to keep your current bank account with a Debt Management Plan. Although if you owe money to the company that you bank with, then it is often advised that you move bank accounts first.
We could help you get a bank account. All we need if proof of ID and address and we can guarantee you a bank account. For further information please get in touch with one of our debt advisors.

With a Debt Management Plan, creditors are sometimes willing to freeze any additional interest and charges on your debt, but this cannot be guaranteed.

No, as a Debt Management Plan does not involve lending you any money, we will not need to credit check you.

If you feel as though you can not afford your monthly payments to your Debt Management Plan, you need to get in touch with us as soon as possible. As a Debts Management Plan is an informal agreement with your creditors your plan could be changed to suit your circumstances.