Bennett Jones Specialises in IVAs
✓ Write off unaffordable debt*
✓ One monthly repayment
✓ Only pay what you can afford
An IVA may not be suitable in all circumstances. Fees apply. Entering into an IVA will affect your credit rating. You could write off up to 80% of your debts upon successful completion of an IVA.(10% of our customers wrote off 80% in the last 12 months, with a typical figure of 25%-75%).
Check if you are eligible for an IVA
Bennett Jones is here to help you regain control of your finances. We’ve helped thousands of customers become debt-free by using an IVA. Complete the form above to get no-obligation debt help from our trusted partner, The Debt Advisor Ltd.
Our relationship with The Debt Advisor
The Debt Advisor and Bennett Jones have common Shareholders. The Debt Advisor Ltd is authorised and regulated by the Financial Conduct Authority to provide debt counselling and debt adjusting services to people who are experiencing financial difficulties. The Debt Advisor Ltd will advise you regarding all of the solutions which are available to help you. There is no charge for initial advice relating to the debt solutions available to you and is without obligation. Depending upon the solution that you choose, fees may apply.
Find Out More
Bennett Jones is here to help you regain control of your finances. We’ve helped thousands of customers become debt-free by using an IVA. Complete the form above to get no-obligation debt help from our trusted partner, The Debt Advisor Ltd.
We are proud of our 5* Trustpilot reviews
November 2024, Carenza
I cannot thank Bennett Jones enough. I had a lot of debt and couldn’t see a way out. It was beginning to impact on my mental health....... I finished the process today and it was approved, and I honestly feel so much relief that I cried down the phone because I am so thankful. Words will never be enough to say how grateful and thankful I am but one thing I know for sure is that I can start my life again without worrying about money and the debt. Thank you so much for everything!
October 2024, Tony
Truly a breakthrough a company of people that actually care and understand your concerns of being in financial difficulties very understanding caring and acknowledging your feelings Craig who called me was very helpful and clear in all aspects of the situation and completely put me at ease from the start to finish highly recommend to any one who’s in financial difficulties
September 2024, Glen
I found Bennet Jones 5 years ago was really struggling financially. They helped me set up my IVA and the process from start to finish has been amazing. The support I have been given over the last 5 years goes above and beyond what I expected. Would highly recommended If your struggling with debt please don't bury your head in the sand it's an easy process for manageable payments every month and know more hiding behind the sofa. Thanks to everyone at Bennett Jones.
Why choose Bennett Jones?
Bennett Jones has helped thousands of people solve their debt problems by using an Individual Voluntary Arrangement (IVA). We understand how stressful and difficult life is when you can’t pay your debts and your bills. We specialise in IVAs – a formal debt solution that allows for unaffordable debts to be written off. With an IVA you will make affordable repayments to your creditors over a fixed period and, if this is completed successfully, the remaining debt is written off at the end.
An Individual Voluntary Arrangement (IVA) is not suitable for everyone who needs help with their debts. There are alternative debt solutions available. The team at The Debt Advisor will consider all your options and help you decide on the right solution for your circumstances.
Listen
We will listen carefully to your individual story with empathy and understanding
Solve
We will provide you with all the help and assistance you need to solve your debt worries
Support
If an IVA is right for you, we will support you all the way on your journey to debt freedom
We will listen carefully to your individual story with empathy and understanding. We will provide you with all the help and assistance you need to solve your debt worries. If an IVA is right for you, we will support you all the way on your journey to debt freedom
What makes Bennett Jones different?
The team at Bennett Jones will work closely with you on your journey to financial recovery if the solution you choose is an IVA. We will help you understand how an IVA can be set up for your particular circumstances to result in you being debt-free. The team will make sure we have all the financial information and documents we need to be able to prepare your IVA proposal for your creditors.
An IVA may not be suitable for everyone who needs help with their debts. Fees apply. Writing off debt with an IVA will affect your credit rating (see our FAQ). You could write off up to 80% of your debts (10% of our customers wrote off 80% in the last 12 months, with a typical figure ranging from 25%-75%).
- No obligation to use our service.
- All enquires are completely confidential.
- Bennett Jones is operated by a licensed insolvency practitioner regulated by the IPA.
What is an IVA?
An IVA is a legal agreement between you and your creditors. It is established and overseen by a Licensed Insolvency Practitioner, who acts as the mediator between you and your creditors. The exact amount of your monthly payment will depend on your circumstances. If you are a homeowner, once your IVA is approved your home is protected. If you have a private pension this will also be protected.
Typically an IVA will last for 5 years with you making an affordable monthly payment from your income into your IVA. Once your IVA has been approved, we can deal with your creditors on your behalf and creditor correspondence will reduce. Your insolvency practitioner who supervises your IVA will deal with all your creditors. Once the final IVA payment is made, you are no longer liable for any of the debts included in your IVA and there will be no further balance to pay, even if this means your debts have not been repaid in full.
To be eligible for an IVA, you need to show that you do not have enough money to pay your debts in a reasonable amount of time. In most cases, your debts must be more than your assets, including any property you own. You also need to have some surplus income each month after paying for your living costs.