Assisted IVAs - What is an Assisted IVA?

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An Assisted IVA is the same as a Single IVA application where all the debts are in one name. While a husband / wife / partner does not have to pay for their partner's debt, it may give the IVA application a better chance of being accepted if there is more than one person willing to pay back the money. Debts which are owed jointly with another person can also be included in an assisted IVA.

Northern Ireland Criteria for an Assisted IVA

There is a set criteria you must meet when applying for an Assisted IVA with IVA Northern Ireland. Anyone who meets this criteria for an IVA and has all debts solely in their name or jointly with another person can apply for an IVA. The criteria for IVA Northern Ireland is…

You have Debts of over £15,000
You have 2 or more creditors
You are struggling with your Debts
You have at least £200 to offer creditors each month
A Husband / Wife or Partner who is willing to contribute towards the IVA Payments

If you meet the above criteria an Assisted IVA may be the right debt solution for you and you could have a large portion of your debts legally written off.

Apply for an Assisted IVA with IVA Northern Ireland

To apply for an Assisted IVA you can call us free phone on 0800 043 3328 or visit our contact page to view our various methods of contact. If you would like some instant advice you can chat to an advisor anonymously right now by using our online chat console by clicking here.

Once you contact IVA Northern Ireland we will carry out an income and expenditure analysis which is a financial review of all your incomings and outgoings. Doing this allows us to work out your monthly disposable income; and therefore work out the amount you can realistically afford to pay each month into your IVA.
At this stage we can also work out how much of your debts you can afford to pay back and how much needs to be written off. To get an idea of this before contacting us you can use our Debt Calculator form on our website which lets you work out how much you are spending and how much you have left each month.

Once we draft up your IVA proposal we will send it out to you so that you can review it and sign it. We then contact your creditors with your IVA proposal. If the IVA proposal is accepted you will start to make the payments as agreed in the proposal. When you complete your IVA payments the remainder of your debts will be written of and you will be totally Debt Free.

In some cases you IVA proposal may be turned down, read our Rejected IVAs section for more information. Don’t worry though IVA Northern Ireland still has other options available to you, click here to read about the other debt solutions we offer.

<< Back to Types of IVAs

Assisted IVAs - What is an Assisted IVA?

Northern Ireland Criteria for an Assisted IVA

You have Debts of over £15,000

You have 2 or more creditors

You are struggling with your Debts

You have at least £200 to offer creditors each month

A Husband / Wife or Partner who is willing to contribute towards the IVA Payments

Apply for an Assisted IVA with IVA Northern Ireland

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