How do I get my debts written off? My personal battle with debt


When going through a period of financial difficulty, it can be easy to feel overwhelmed and out of control. However, the key is to not give up – there are ways that you can deal with your situation without the need for debt collection agencies or writing off your debts completely. The question “how do i get my debts written off” is within this blog, we cover what options are available for people struggling with their finances, as well as how to find out which one is right for you.

What is an Individual Voluntary Arrangement

An Individual Voluntary Arrangement is a debt repayment plan that allows you to repay your debts on an individual basis without having to approach a credit provider. It’s designed specifically for people who are struggling with debt and want to negotiate with creditors as a means of dealing with their financial problems.

When should I use an Individual Voluntary Arrangement?

When a business owner is struggling to repay their debts, they may be able to use an Individual Voluntary Arrangement. This type of arrangement is available for companies that have more than 50 employees and are going through a difficult time. They will provide the owner with an opportunity to work towards a better financial future while still keeping the company alive.

How can I get started with an Individual Voluntary Arrangement?

People who are struggling financially may be able to get their debts written off, or reduce the amount they owe, with an Individual Voluntary Arrangement (IVA). IVAs are not available for everyone. You need to meet specific criteria in order to qualify. It’s a good idea to speak to a professional before you start the application process.

The Individual Voluntary Arrangement, or IVA, is a technique used to help people who owe more than they can afford. Most creditors will be willing to agree to an IVA if their debt exceeds 60% of their total income. As with all things in life, it takes time and patience.

Making an Individual Voluntary Arrangement work for you

An individual voluntary arrangement (IVA) is a formal process that allows you to live on less income and pay off some or all of your debts. It must be written in an agreement with the creditor. You must agree to the terms for this arrangement before it is legally binding. If you have any questions about what it means, speak to your creditors or debt advisor.

If you are a person with a high level of debt, but are determined to make your life better, then you need to consider creating an Individual Voluntary Arrangement (IVA). An IVA is a type of agreement that helps people who have debt repay loans. It also helps individuals who are facing extreme hardships in life because they have significant financial difficulties. The most important thing when it comes to making an IVA work is being open and honest with the person you want to help.


This is a guide to helping you get your debts written off with an Individual Voluntary Arrangement. It’s a step-by-step guide on what to do if you are struggling with debt and it can help you in the future when you need to apply for IVA.