Find Out Whether An IVA Is Right For You

A Single Monthly Payment You Can Afford With Remaining Debt Written Off.

Am I Eligible For An IVA?

Apply For An IVA

We don’t judge. We are open, honest and helpful. We’ll help you decide if applying for an IVA is your best option.

50,000 people have chosen an IVA in the past year

What can an IVA do for me?

A single, lower payment

Repayments based on what you can afford – not what you owe.

Interest stopped

No more interest or charges added.

Some debt written off

Unaffordable debt is written off when an IVA completes.

Protection from creditors

No more creditor letters, calls or legal action.

What is an IVA?

An IVA is a debt solution to help people with little prospect of repaying their debts in full, but able to commit to regular payments to repay them in part, (normally over 60 months) in exchange for the rest being written off.

If you owe at least £5,000, are struggling with payments but can commit to at least £90 per month, you may qualify for an IVA.

How An IVA Works

We’ll review your financial situation to determine your level of debt what you can afford to repay each month. If an IVA is suitable, we can make a formal proposal to your creditors.

If this is accepted, no more interest or charges can be added to your debts.

Provided you maintain payments, all unpaid debt is written off at the end of the IVA, which normally lasts 60 months.

Debts We Can Help With

Most debts can be included in an IVA

Credit Cards

Unsecured Personal Loans

Payday and Doorstep Loans


CCJ Debts

Catalogue Debts

Council Tax Arrears

Gas, electric & water arrears

Dealing With Your Debts »
Learn about the options which may be suitable for you and the pro and cons of each on our guide - Learn More »

Swift will not charge you a fee for setting up your IVA.
IVA fees and costs are set by creditors and included in the payments you make into the IVA – not added to them. See IVA fees and costs.