Why Choose DAU?
Debt Advice Unit is more than just a debt management company; we work with you to actively reduce your future outgoings.
- Reducing debt by 25%
- Reclaimed £3.1m
- 1,500+ clients
(*this is based on the average reduction after reclaiming back mis-sold PPI & unfair credit card charges for eligible clients)
IVA
What is an Individual Voluntary Arrangement?
An IVA or Individual Voluntary Arrangement is a legally-binding way of dealing with your debt.
If you cannot repay your debts in full but do have some surplus income to pay towards your creditors then it may be appropriate.
An insolvency practitioner will present a proposal to your creditors. If the proposal is accepted, your unsecured creditors cannot take further action against you, as long as you stick to the terms of the IVA.
At the end of the IVA any remaining debts included with this are written off.
Fees
Debt Advice Units initial advice is free of charge, however if you choose to enter into any of our Debt Resolution Programmes fees are applicable. We will discuss any fees with you during your initial consultation. Calls may be recorded for training and quality purposes.


