Living with an IVA (Individual Voluntary Arrangement) means you may have to make some adjustments to become debt free. You’ll have to stick to your budget to make your payments run smoothly and complete your IVA.

Advice for a life without debt

Forward preparation and making early cut backs before things like Christmas is a wise idea. This should help you avoid blowing to not blow out your budget through the holiday period, and help you stay on top of your debt. We have more insights and comments on living with an IVA in our Blog and your insolvency officer will have some helpful tips

Remember that if your financial situation changes during your Voluntary Arrangement, your Insolvency Practitioner needs to know. Where possible they will help renegotiate the terms of your IVA Click here to find out how to arrange an IVA and also how get some confidential advice to help you get out of debt.