May not be suitable in all circumstances. Our advice is free but fees may apply and your credit rating may be affected if you opt for a debt solution.
You will be contacted by Bailiff Advice which is a trading style of My Debt Plan Ltd. My Debt Plan Ltd provides insolvency solutions to individuals, specialising in IVA’s. All advice given is following an initial fact find, tailored to your individual circumstances and provided in reasonable contemplation of an insolvency appointment. Our advice on your options is always free and we will notify you if a solution you choose has a fee associated with it. Where you are not suitable for an IVA, we may refer you to one of our trusted partners who specialise in alternative solutions.
Registered address: Alexandra Court, Carrs Rd, Stockport SK8 2JY. Company Registered in England and Wales Number 10992838 Data Protection ZB284067.
Lucy Novo Deakin of My Debt Plan Ltd and Adam Charles Southard of SLWB Ltd are insolvency practitioners in the UK licensed by the Insolvency Practitioners Association (IPA).
For cases approved from 1st January to 31st December 2025 the average percentage of debt forgiveness was 70%. A debt write off amount between 25% and 75% is realistic, however, the debt write off amount will differ for each customer upon their individual financial circumstances and is subject to approval of their creditors. Any remaining qualifying unsecured debt in your IVA will be written off, however some unsecured debts will be excluded, such as court fines, child maintenance and student loans, therefore you will need to continue paying these both during and after the IVA.
To find out more about managing your money and getting free advice, visit Money Helper, an independent service set up to help people manage their money.
