Get Debt Help Today
You want debt help, that’s what we’re here for.
We’re NDH Financial, personal insolvency specialists with our own in house Insolvency Practitioner, who has over 15 years’ experience in helping people manage and write off their debt.
Our team of debt consultants are on hand to help you with your financial circumstances, so if you have any current debt problems and want to talk to someone about taking back control of your debts using an IVA, then you’ve come to the right place!
Let us help you.
Do You Qualify for an IVA?
Book a no obligation IVA consultation online
Speak in confidence to our professional UK debt consultants
See if you qualify for an IVA to write off unaffordable debt*
If you do qualify, our team will work with you to prepare your IVA proposal, and liaise with your creditors to seek their approval.
IVA Debt Management
Take Control Of Your Finances
At NDH Financial, we have helped thousands of people clear their unsecured debts in that time and we’re hoping to help thousands more with our debt help.
IVAs (Individual Voluntary Arrangements) allow you to consolidate multiple debts into one smaller monthly payment. Some of the debt you can consolidate into an IVA include (but not limited to):
- Overdrafts
- Personal & payday loans
- Council tax & utility bill arrears
- Credit cards
- Debts owed to family and friends
- Store cards & catalogue debts
- HMRC debt & tax arrears
- Tax credit & benefit overpayments
- Business debts
Examples of debts that we can't include in an IVA include (but are not limited to):
- Student loans
- TV license arreas
- Maintenance arrears agreed on by a court
- Child support arrears
Whether you want to create an IVA payment schedule with a fixed term, so you can see the light at the end of the tunnel, or you’re worried you will not be able to afford your debts due to the costs of living, we’re here to help!
FOR
URGENT
IVA ASSISTANCE
Book a no obligation call from a UK debt consultant today
See if you qualify for the scheme to write off your unaffordable debt* with our UK debt consultants team.
We'll help you to:
- Work out how much you owe
- Identify how much you can afford to pay to your debts
- See if you qualify for the scheme
- Confirm how much debt you could write off
There is no obligation to follow the debt solutions identified on your call, and you will not be required to make a payment unless it is approved.
IVA Specialists
The NDH Promise
At NDH Financial, we have helped thousands of customers to manage and repay their debts and we are committed to helping our customers deal with their debt in a timely and respectful manner.
Our Insolvency Practitioner is licensed to act as an insolvency practitioner in the UK by the Institute of Chartered Accountants in England & Wales (IP Number 10252), and has worked in the personal insolvency sector for over 15 years, so you can be sure that you are discussing your options with IVA specialists required to uphold the strictest standards.
We specialise in IVAs, although we understand that this option won’t be suitable for everyone, so we can complete a detailed assessment of your financial situation to see if an IVA is an appropriate solution for your outstanding debts.
Our UK debt consultants specialise in assisting individuals with personal insolvency situations, so you can rest assured that we will work with you to help you find an appropriate debt solution.
We provide a no-obligation consultation call to all our potential customers, to help you identify appropriate solutions for managing your debts and whether an IVA is right for you.
We treat each customer as an individual and tailor our debt solutions to suit your own personal and private needs. We’re committed to improving your financial situation as much as we can.
We understand that debt can feel incredibly overwhelming, and it can happen to anyone, no matter how financially savvy they are. Which is why we treat all our customers with respect and support, giving them the tools and information needed to manage their debt and free themselves from the chains of debt.
We prioritise confidentiality at every step of the journey towards making you debt-free. Discretion is a big part of this, and all information about you and your debt will be kept locked away from prying eyes.
We go above and beyond and will do as much as we can to help you manage your debt to help put your mind at ease.
Nobody should have to struggle with their debt alone - we are here to help as much as we can.
Debt Repayment Options
When you find yourself in debt, it’s important to see what your options are to try and get it paid off as quickly and easily as you can.
If you are in a somewhat stable position financially and think that you can clear your debt without any outside help, then it’s worth trying to get it paid off as soon as possible. Just make sure you have enough income to be able to pay for household costs like food, energy bills and rent arrears or your mortgage, as if you don’t, you may end up accruing more debt.
If you find yourself in debt and aren’t able to pay it off, the next step to take is to research debt solutions to find find the appropriate solution for your needs. The debt management plan you choose depends on the amount of debt you have, who your creditors are and how many creditors you have, whether your debt is secured or unsecured and how many individual debts you currently have.
You can seek help from debt settlement companies or licensed insolvency practitioners such as NDH Financial, however there are also charities (e.g. National Debtline) available to help you to make your decision and point you in the right direction.
As IVA specialists, we have published an extensive IVA learning hub, designed to give you all the information you need to assess if an IVA is right for you. We also offer a no-obligation consultation service where you can speak to one of our trusted debt consultants, who can guide you through the process of taking out an IVA and guide you accordingly.
How to Apply for an IVA
IN 3 SIMPLE STEPSStep 1. Contact Us For A No Obligation IVA Consultation
Book a no obligation consultation with one of our IVA specialists to see if an IVA is right for you based on your circumstances and the legal requirements of the IVA. We will discuss all your debt solutions with you to help you make an informed decision.
Step 2. Let Us Take Care of the Rest
If you qualify, our IVA consultants and drafting officers will go through the whole process with you. You’ll need to supply us with details of your financial situation so we can prepare your IVA paperwork. Once you are happy to proceed, we will communicate with your creditors to seek their approval.
Step 3. Enjoy One Lower Monthly Repayment
If successful and approved by the creditors, you can start to repay what you owe with one lower monthly payment via your IVA payment plan. Paving the way for you to be debt-free.
Debt & IVA FAQs
No, an IVA isn’t the only option available if you’re struggling with debt. There are several debt solutions designed to help people in different financial situations, such as Debt Management Plans (DMPs), Debt Relief Orders (DROs), and bankruptcy.
At NDH Financial, our role is to help you understand all your options before making a decision. While we are trusted IVA specialists, we’ll only recommend an IVA if it’s the most suitable route for your circumstances. If another solution would provide better support, we’ll explain this clearly so you can make an informed decision.
Our UK debt consultants are on hand to explain all your options and help you find the best solution for managing your money and getting out of debt. We take the time to understand your financial situation to we can provide you with information on which debt solutions are best for your needs.
Although we are trusted IVA specialists at NDH Financial, we will only recommend this solution if you qualify and would like to learn more.
Consolidating your debt can lead to a negative credit report, depending on the consolidation option you choose. However, having debt in itself will affect your credit score negatively, so consolidation may actually be the better option in the long run.
Debt consolidation through a loan usually has less of an impact on your credit report.
Entering into an IVA will affect your credit rating, as your details have to be kept on the public Individual Insolvency Register, and this information will remain on there for the duration of your IVA. However, this information will be deleted from the register 3 months after your IVA has finished. Your IVA will also be shown on your credit report if requested, but again, this will be removed after 6 years (from the start of your IVA), and paying off your IVA and the rest of your debts will naturally increase your credit score anyway.
Whilst consolidation through an IVA will affect your credit score, your credit score would still be affected regardless, particularly if you have overwhelming debt and a debt settlement is not reached. The level your credit score may be affected will be different depending on the amount of debt you have, the creditors involved and whether you have any existing CCJs, defaults or missed payments registered.
The good news is that it's only temporary, and by paying back your debts with a debt consolidation company, you are actively working towards improving your credit score in the long term.
As a professional firm of Insolvency Practitioners specialising in Personal Insolvency, we help individuals across the UK to consolidate their debts into one affordable monthly payment through a legally binding Individual Voluntary Arrangement (IVA).
We act as a bridge between you and your creditors, managing all communication, negotiating repayments, and ensuring your IVA runs smoothly from start to finish. With our in-house Insolvency Practitioner and experienced IVA specialists, you’ll receive personal, confidential support every step of the way to help you regain financial stability and become debt-free.
The costs associated with an IVA differ depending on the IVA provider you use. At NDH Financial, there are no upfront fees, and we do not charge for the initial assessment or your initial consultation with ourselves. You will only be asked to start paying fees once your IVA has been approved, and these will be taken from the payments you make into the IVA.
Our fees are referred to as a Nominee's fee and a Supervisor's fee, and they are included in the money you pay back over the term of the IVA. Our fees are only taken from your monthly payments or the asset realisations paid into your arrangement.
It's important to know whether you qualify for an IVA before applying for one, and we're here to help you every step of the way. Whether you qualify or not will depend on many different things, including the type of debt you have and whether it's classed as secured or unsecured, the amount of debt you have, the individual creditors linked to your debt, your current earnings, the amount of money you currently have saved and your affordability.
IVA Debt Advice & Guides
