IVA Costs and Fees
There are no upfront fees to check if an IVA could help.
We’ll explain your available options clearly, with no pressure or obligation.
Checking your options won’t affect your credit score.
IVA costs
What will I pay for an IVA?
IVA fees are included within your monthly payments, based on what you can realistically afford.
- No upfront fees to check your options
- No fees if you do not proceed with an IVA
- Payments only begin if creditors approve your IVA
- Monthly payments are based on what you can afford
Use our IVA calculator to estimate your monthly payments and potential debt write-off.
IVA Fees
What fees are involved in an IVA?
IVA fees are included within your agreed monthly payments.
- No upfront fees
- No fees if your IVA is not approved
- Payments are based on what you can afford
If your IVA is approved, the fees are:
Nominee’s Fee
The nominee’s fee covers the work involved in preparing and arranging your IVA, including:
- Preparing your IVA proposal
- Organising the creditors’ meeting
Supervisor’s Fee
The supervisor’s fee covers the ongoing management of your IVA, including:
- Managing monthly payments to creditors
- Annual IVA reviews
- Day-to-day administration
Apply for IVA advice if:
- You owe £7,000 or more in debt
- You owe money to two or more companies
- You have a regular monthly income
If eligible, your options will be clearly explained so you can work towards becoming debt-free. Complete our easy online form today.
Free, confidential and no obligation. Checking won’t affect your credit score.
- DEBT FORGIVENESS
Creditors must legally write off any remaining balance when you complete your IVA. - AFFORDABLE PAYMENTS
Your repayments are based on what you can realistically afford each month. - LEGAL PROTECTION
An IVA stops creditors from chasing you, including bailiffs and legal action. - INTEREST & CHARGES FROZEN
No more rising debt from added fees.
A typical example of an IVA*
| Loan(s) | £5,000 |
| Overdraft | £3,000 |
| Credit Card(s) | £13,500 |
| Store Card(s) | £4,500 |
| Utility Bill(s) | £1,500 |
| Total Owed | £27,500 |
Your monthly debt repayments:
£717
Previous Payment
MONTHLY SAVING £580
£137
New Repayment
DEBT REDUCED BY 78%
*A debt write-off amount of 80% is realistic based on the average figures of IVA clients between April 2024 to April 2025. We assess each customer individually based on their circumstances and payments to the IVA are based on what is realistic and affordable.
Use our free IVA Calculator to estimate your new monthly payment.
FAQs
IVA fees are paid from your agreed monthly payments after your IVA is approved by your creditors. You do not pay fees upfront.
You only begin making payments if your IVA is approved by your creditors.
Yes. IVA providers charge fees for setting up and managing an IVA. These fees are included within your agreed monthly payments and will be clearly explained before you proceed.
IVA fees are explained within your IVA proposal before anything is agreed. The fees are included within your monthly payments and must be approved by your creditors.
If your IVA fails, your debts may no longer be protected and you could still owe money to your creditors. Any fees already incurred may be deducted from the payments you have made into the IVA.
Complete the questions below and see if you qualify for help.
Thousands across the UK have explored IVAs with Money Advice.
Take the next step towards a possible debt free future. We’re rated 5 stars by our customers on Trustpilot and have exceptional ratings on Feefo.
Could an IVA be right for you?
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To find out more about managing your money and getting free advice, visit Money Helper, an independent service set up to help people manage their money.