Rated Excellent

Get your finances and mental health back on track

Write off unaffordable debts and get mental
well-being assistance with our IVA plans.

*An IVA may not be suitable in all circumstances. Fees may apply.
Your credit rating may be affected if you opt for a debt solution.

Rated Excellent

100% FREE ADVICE

Get information today on your available options

Get your finances and mental health back on track

Write off unaffordable debts and get mental well-being assistance with our IVA plans.

*An IVA may not be suitable in all circumstances. Fees may apply.
Your credit rating may be affected if you opt for a debt solution.

100% FREE ADVICE

Get information today on your available options

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Our IVA plans are like no other

We get it. Debt concerns can just be the tip of the iceberg in issues that are causing you mental anguish. From relationship issues, to mental health illnesses such as depression and anxiety. We understand there is more help you may need across the road to changing your life and leaving debt behind.

That’s why we offer more in our IVA plans.

Our aim is not only to relieve you of your debt issues, but the secondary and often more longer lasting problems falling into financial hardship can cause. Our holistic approach to financial wellness will help you combat debt, and any underlying problems that prevent you from enjoying a debt-free future.

Reasons to choose PennyPlan

Reasons to choose PennyPlan

Our IVA plans are like no other

We get it. Debt concerns can just be the tip of the iceberg in issues that are causing you mental anguish. From relationship issues, to mental health illnesses such as depression and anxiety. We understand there is more help you may need across the road to changing your life and leaving debt behind.

That’s why we offer more in our IVA plans.

Our aim is not only to relieve you of your debt issues, but the secondary and often more longer lasting problems falling into financial hardship can cause. Our holistic approach to financial wellness will help you combat debt, and any underlying problems that prevent you from enjoying a debt-free future.

Tackle your debt and your mental health in one place

Our team are committed to getting your finances and well-being back in top condition

Do I Qualify
For an IVA?

Do I Qualify
For an IVA?

Tackle your debt and your mental health in one place

Our team are committed to getting your finances and well-being back in top condition

Do I Qualify
For an IVA?

We help with most debts

*Mortgage debt can be included if you no longer own the property in question.

Example of an IVA

UNSECURED DEBTS

Example of an IVA

Your monthly repayments:

Monthly repayments example after an IVA

Find out for FREE what debt help is available to you

Subject to creditor acceptance. Payment subject to individual circumstances.
Credit Rating may be affected. Fees apply, subject to individuals circumstances.

Find out for FREE what debt help is available to you

Find out for FREE what debt help is available to you

How It Works?

Our straightforward process could see you working towards being debt free and improving your mental health

Enter your details for an IVA

Enter Your Details

Consultation call for an IVA

Consultation Call

Find out your options with an IVA

Find Out Your Options

Affordability check with an IVA

Affordability Check

We contact creditors with an IVA

We Contact Creditors

Improve your financial future with an IVA

Improve your financial future

Do I Qualify
For an IVA?

Do I Qualify
For an IVA?

Understand your debt options

Our friendly team will make sure you understand all your options, so you can choose the best fit for your circumstances.

Understand your debt options

Our friendly team will make sure you understand all your options, so you can choose the best fit for your circumstances.

Affordability check with an IVA

Debt Management Plan (DMP)

An informal arrangement between you and your creditors that lets you make lower monthly payments, whilst still paying the total amount of debt.

Individual Voluntary Arrangement IVA

Individual Voluntary Arrangement (IVA)

A formal agreement between you and your creditors. You make affordable monthly payments over fixed period with debt written off at completion.

Debt Relief Order DRO

Debt Relief
Order (DRO)

A debt relief order (DRO) is a formal debt solution for those who have no assets such as car or property. Eligibility criteria does apply.

Bankruptcy

Bankruptcy

A formal insolvency procedure that involves applying to the court for an order to clear your debts. Monthly payments to your debts may still apply.

Affordability check with an IVA

Debt Management Plan (DMP)

An informal arrangement between you and your creditors that lets you make lower monthly payments, whilst still paying the total amount of debt.

Individual Voluntary Arrangement IVA

Individual Voluntary Arrangement (IVA)

A formal agreement between you and your creditors. You make affordable monthly payments over fixed period with debt written off at completion.

Debt Relief Order DRO

Debt Relief
Order (DRO)

A debt relief order (DRO) is a formal debt solution for those who have no assets such as car or property. Eligibility criteria does apply.

Bankruptcy

Bankruptcy