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A typical example of an IVA

This example significantly reduced the client total debt by 41%.

IVA Example
  • Loan £7000
  • Overdraft £1200
  • Credit Card £1000
  • Credit Card £5000
Total Owed£14200

Your monthly repayments would be

£670 Before an IVA
£140 After an IVA Reduced by 41%

*Figures based on an example IVA. Alternative solutions may be offered. Lenders are not obliged to accept less than contractual payments. Fees payable if continuing services are provided.

Fees & key information

What are the fees for your solutions?

If you enter into a debt solution with us, there may be fees involved. As one of the leading IVA debt help providers in the UK, we promise our customers excellent service, and we will always ensure our fees are explained properly.

If you decide an IVA is the best option for you after we’ve assessed your financial situation, we can put a formal proposal to your creditors IVA to your creditors. This means we may receive a fee for the preparatory work we complete. You would not be responsible for paying this fee.

Please remember all Insolvency Practitioners charge costs and fees for using service but not all of them have 5-star customer service?

Check if you qualify

About the fees

Individual Voluntary Arrangement fees

We will only charge you a fee if your Individual Voluntary Arrangement (IVA) is proposed and accepted by your lenders.

All fees are paid out of – not in addition to – your regular affordable monthly payments.

Once your IVA has been accepted, the fees you pay will be:

  1. A nominee’s fee
  2. Supervisor’s fees
  3. Costs/expenses

Nominee’s fee

This fee covers our professional costs and charges for arranging your IVA including:

  • Preparing your IVA proposal – which sets out the proposed terms of your IVA and provides your ` lenders with a detailed snapshot of your finances
  • Organising the creditors’ meeting, in which lenders can request changes to the terms of your IVA

It will typically be between £1000 and £2700 and is often capped to an amount equal to your first 4-6 months’ IVA payments.

The Nominee’s fee will be paid first before any payments are made to your lenders.

Supervisor’s fees

The Supervisor’s fees cover the ongoing work involved in running your IVA and is calculated as a percentage of “realisations”: typically it is charged at 15–18% of any money received by the Supervisor and distributed to your lenders, such as your monthly contributions, any assets (e.g. the equity in your property, successful PPI misselling claims) and windfalls (e.g. an inheritance) that you receive during the term of your IVA.


We are also entitled to claim back the cost of certain expenses (such as postage, insurance, etc) incurred directly in connection with the running of your IVA.

The amount of our fees will be clearly set out in your IVA Proposal. They must be approved and may be changed before it is accepted, by your lenders.

These are the typical total fees charged for an IVA based on a client contribution of £150.00 per month.


Nominee’s fees £1,000
Supervisor’s fees £1,1170
Supervisor’s costs £800

*An Individual Voluntary Arrangement is a formal debt solution that can help you deal with your unaffordable debts. In an IVA your debt repayments are usually lowered to an amount that you can afford to pay each month. In order to help explain how an IVA works, we have included this IVA Example case above. Fees may vary depending on your individual circumstances. If you would like to know more about an IVA, please get in touch with us at Money Advice Ltd on 0161 359 5599.


Consider an IVA If you are…

  • Struggling to keep up with payments
  • Finding it hard to manage multiple debts
  • Feel like your not getting anywhere

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