Debts on benefits. Write off up to 80% of debts.
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
It’s important not to panic. There are options available, and with the right support, you can explore a suitable course of action for your circumstances.
It’s important not to panic. There are options available, and with the right support, you can explore a suitable course of action for your circumstances. Be sure to do your research to make sure you aren’t missing out on any benefits you’re eligible for. For more information on benefit qualifications, contact Jobcentre Plus.
If you have recently started claiming Jobseeker’s Allowance because you have found yourself unemployed, it may be worth explaining your situation to your creditors. In some instances, they could be prepared to alter the repayment obligations, especially if you can show job prospects on the horizon.
It can be difficult to successfully enter into a debt repayment agreement if you are not earning a regular income. In Scotland, for example, those on benefits do not ordinarily qualify for Trust Deed agreements. However, if you claim benefits in England or Wales, you may qualify for an Individual Voluntary Arrangement (IVA) – where you agree on a repayment plan with creditors over several years. Alternatively, you may qualify for a Debt Relief Order (DRO) or an informal debt management plan administered by an organisation, such as a charity.
Bennett Jones has helped thousands of people solve their debt problems. We understand how stressful and difficult life is when you can’t pay your debts and your bills.
We are proud of our 5* Trustpilot reviews
December 2024, Amelia
Can’t thank Bennett Jones enough without them I would still be in a huge pile of debt. Even when I was on the IVA there were times I was struggling and they understood me instead of disregarding my financial situation they gave me options like taking a break from the payment for a few months or even reducing the payment then when I was back on my feet again going back to the original payment plan. They always checked up to see how I was doing financially and all thanks to them I am now finished with all the debt.
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.