Debt People specialise in Individual Voluntary Arrangements (IVA’s). To qualify for debt being written off via an IVA, you must have a minimum of £5,100 of qualifying unsecured debt owed to two or more creditors. Realistically, around 25% – 75% of debt may be written off by an IVA. However, this amount will be dependant entirely on your individual financial circumstances and so will differ from person to person. This amount is also subject to creditors’ approval before an IVA can commence. Debt People do not charge any fees for advice given, although if you do decide to opt with any form of debt consolidation then any fee within the selected plan shall be detailed to you in full before you proceed.