Self-employed, in debt, and want to keep your business trading?
Running your own business while juggling your household bills and personal debts can be difficult. Sometimes it’s hard to know which to pay first. Every day, we help thousands of clients to keep their businesses running by helping them deal with their unaffordable personal debts.
With a self-employed IVA, you can carry on with your life and work, and be debt-free in just 5 years. Up to 70% of your debts can be written off, and you pay the rest back in affordable monthly payments – with no more interest added, no more worries about legal action against you or your business, and no more hassle from your creditors.
You’ll usually be committing to a 5 year plan, although IVAs are assessed on an individual basis so may vary depending on your circumstances.
Your IVA will be recorded on your credit file, but it’ll normally be erased after a set period of 6 years. And if you’ve already missed payments, you’ll probably already have a less-than-perfect credit rating anyway.