Apply for an IVA
We’ve helped thousands consolidate debt into one affordable monthly payment with an IVA.
Write off up to 80% of your debts
Prevent legal action by creditors
Get your debts under control
Write off unaffordable debt
Lower your debt repayments
Stop interest & charges soaring
Apply for IVA advice if:
Residents in England and Wales have a right to debt help, and several tried and tested solutions can help write off debt, reduce pressure from creditors and freeze interest and charges.
An Individual Voluntary Arrangement (IVA) could be one option that holds the key to your debt-free future.
You owe £7,000 or more in debt
Money is owed to two or more creditors
You have a regular monthly income
Why a Debt Management Plan?
Individual to You
On average, a Debt Management Plan takes 30 days to be implemented for your repayments. This may be extended due to potential complications with your lenders.
The Debt Gets Paid
Ultimately, the plan allows you to fully repay your debt whilst you can still afford the essentials. Allowing you to live with some of that pressure lifted off you.
You’re Left at Ease
If your situation changes and you no longer need a reduced payment, the DMP is not a secured contract – you can return to your original payments at any time.
How Can I Consolidate My Debts?
Debt consolidation can be done in a variety of ways to make things easier for you, however, you should be aware that not every type of debt is the same, and some may not be eligible to be consolidated along with others in certain schemes.
It’s important to consider which option would suit you and your personal situation before making any decisions. Below are some of the main solutions which allow a form of debt consolidation:
You’re struggling to manage multiple repayments
You want to make one simple monthly payment
You’re looking to lower interest and reduce stress
Debt Relief Order Eligibility
To be eligible for a DRO, you must meet these criteria:
Your disposable income post debt repayment is £75 or less
You do not have a mortgage or own your residence
You do not owe more than £50,000 in unsecured debt
You’ve lived or worked in England or Wales in the last 3 years
You cannot make the minimum payments offered by your original creditor
You do not own any assets with a value of over £2,000
Your car, if you own one, has a value of less than £4,000
You’ve not had a DRO in the last 6 years
Bankruptcy
Bankruptcy is usually considered a last resort but can be an effective solution for those in severe financial difficulty as all debts included are written off.
Used when debts can no longer be repaid
Involves a formal court process
Can help you make a fresh financial start
What is Breathing Space?
Breathing space is a scheme introduced in 2021 throughout England and Wales to help consumers struggling with problem debt.
You must not already be in an insolvency solution, e.g. IVA, DRO or Bankruptcy
You must be situated in England or Wales
You can’t have been on Standard Breathing Space within the last 12 months
You must agree to not take out any further credit exceeding £500 whilst on the scheme
Scottish Debt Solutions
There are various options if you’re struggling with your debts in Scotland
Includes options like Trust Deeds and Debt Arrangement Schemes
Tailored to Scottish residents facing financial difficulties
Helps manage debts through affordable monthly payments
IVA help you can trust
Make Me Debt Free. Have been very helpful to me, my family. And many special thanks of jack Ray. They took all the stress and worry out of my life and with excellent service. I will highly reecommend this company to anyone who worrying over debts. God bless you all. Thank you again M.D
I can’t recommend Make me debt free enough. We got into serious debt following redundancies and they took all the stress, pain and worry out of our situation and dealt with all creditors for us. There is never any judgement on your situation.
MakeMeDebtFree have been very helpful every step of the way, in breaking down all my initial problems, explaining the issues and helping me to establish a viable route. Communication has been great, attentive and kind.
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Personalised Debt Solutions
We take the time to understand your situation and recommend the best debt solution for your needs — helping you move toward financial stability with confidence.
Expert Guidance, Every Step
Our experienced team supports you through every stage of the process, ensuring everything is handled smoothly and clearly.
A Clear Path to Freedom
We make becoming debt free simple and stress-free, giving you the clarity and support you need to take control of your finances.
Make Me Debt Free FAQs
What does Make Me Debt Free do?
Here at Money Advice, we offer guidance on IVAs as a potential solution to your debt worries.
Here at Make Me Debt Free, we provide expert guidance on IVAs to help you take control of your debt.
Our team can walk you through every step of the IVA process — from preparing your application to having our qualified Insolvency Practitioner oversee the arrangement — ensuring you have the support you need to become debt-free with confidence.
Why choose Make Me Debt Free?
At Make Me Debt Free, our reputation speaks for itself — thousands of people across the UK have trusted us to take their first steps toward a debt-free future, and their reviews reflect the success of our support.
We’ve designed our process to be as simple and stress-free as possible, so you can focus on moving forward while we guide you through every stage of the IVA process with care and expertise.
How do you know what solution is right for me?
Our assessors take the time to truly listen and understand your situation. We provide clear information on a wide range of debt solutions available across the UK.
At Make Me Debt Free, we specialise in IVAs — and if this is the right solution for you, our experienced team will guide you through every step of the process with care and professionalism.
We’ve designed our process to be as simple and stress-free as possible, so you can focus on moving forward while we guide you through every stage of the IVA process with care and expertise.
Is the service free?
At Make Me Debt Free, we never charge any upfront fees.
If you choose to proceed with an IVA, there will be fees to cover the management and administration of your arrangement — however, these are included within your agreed monthly payments, so there are no extra costs to worry about.
What if I’m not ready to talk about my debts?
Reaching out for help with your debts can feel like one of the hardest steps — and we completely understand that.
At Make Me Debt Free, many of our customers tell us they felt a huge sense of relief after speaking with one of our friendly assessors. Our team combines expertise with genuine understanding to help lift the weight off your shoulders and guide you toward a debt-free future with confidence.
What debt solutions are available?
There’s a variety of debt solutions available in the UK, and each has its own qualifying criteria.
The main debt solutions include:
- Debt management plans (DMP)
- Individual Voluntary Arrangements (IVA)
- Bankruptcy
- Debt Relief Orders (DRO)
- Protected Trust Deed (Scotland only)
- Debt Payment Plan (Scotland only)
Money Advice specialises in IVAs.
What's an IVA?
This is one of the questions we’re asked most often, so we’ve put together plenty of information to help you understand how an IVA works and what to expect.
An Individual Voluntary Arrangement (IVA) is a government-approved alternative to bankruptcy, introduced in 1986 to help people regain control of their finances and reduce unmanageable debt.
With an IVA, you make affordable monthly payments based on your circumstances, while your creditors agree to write off a portion of what you owe. The arrangement typically lasts for five years and offers a structured, realistic path to becoming debt-free — without the long-term impact of bankruptcy or the uncertainty of informal debt plans.