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ClearDebt Analyser

The ClearDebt Analyser is a unique free tool which shows you your best way out of debt - whether an IVA, debt management, debt consolidation or bankruptcy. Immediate results on screen help you say goodbye to debt worries for good!

Debt Repayment Calculator

Easy to use Debt Repayment Calculator illustrates how you can clear your debt and become debt free.

Our debt calculator illustrates the effect of a change in APR on your debts over time.

Become debt free

ClearDebt helps people beat debt and become debt free. Read about our recent cases below where we have helped clear debt.

Clear debt with an IVA - and starting life again

IVA prevented business failure

Debts cut by 61% - saving £600 a month with an IVA

Case studies are all genuine individual cases. For confidentiality no real names or photographs are used.

	£26,707 average debt
	£1,360 per month average net income
	58% male
	42% female
	Average age 32

Debt statistics from ClearDebt generated from live user data from people who have completed our Debt Analyser.

R3 IVA standard terms and conditions

IVA Protect – Payment Protection Insurance

IVA Protect

IVA contributions protected on all suitable IVAs
No charge to debtors – lowest possible cost to creditors
Provides stability and confidence for both debtor and creditor

IVA Protect is a groundbreaking service offered exclusively by ClearDebt that offers payment protection insurance for all ClearDebt IVAs.

The policy is designed to protect your monthly IVA contributions and remove the worry of unemployment or serious illness for debtors in IVAs. It should give many more people the confidence to arrange an IVA than has been possible before.

The policy will pay up to 12 months for any one claim should a debtor be unable to work due to accident, illness or involuntary unemployment. Accident and illness are covered from the day the debtor’s proposal is accepted, but a 90 day qualifying period is required for insurance cover for unemployment. After the 90 day period any further occurrences of unemployment or illness will be covered for additional 12 month periods.

ClearDebt don’t receive any commission on this policy, and it won’t increase the amount you have to pay in your IVA. The policy will cost 4% of the contribution offered to creditors by each debtor. Cover is likely only to be declined if the debtor is aware of any impending redundancy or debilitating illness.

Our payment protection insurance (PPI), branded IVA Protect, allows ClearDebt to offer the best service to both creditors and debtors. ClearDebt aims to provide the most transparent and ethical service to debtors at the lowest cost. All of our customer-facing staff are trained in IVA provision and all have insolvency practice experience: ClearDebt is not a call centre, nor do ClearDebt employ call centre type operatives.

Our principles include providing best advice wherever possible to all debtors: Where the facts indicate an IVA is the right solution ClearDebt will provide advice and support - but never pressure to the debtor. Where the facts indicate other solutions ClearDebt will point the debtor in the right direction.

Apply for an IVA now with IVA protect

Links to related ClearDebt articles:

Individual Voluntary Arrangement (IVA)

Debt forgiven with an IVA

ClearDebt debt survey gives regional, gender and age context for upcoming Government insolvency statistics

Young women IVA seekers have greater debts

People with debt problems are more prepared to cut their children’s activities than to give up smoking

ClearDebt welcomes insolvency watchdog’s proposals on IVAs

CLEARDEBT SURVEY SHEDS LIGHT ON DTI INSOLVENCY FIGURES

IVA alternative to bankruptcy misconception

ClearDebt comments on Latest IVA Figures

ClearDebt clarifies IVA process

IVA Rejected but Arranged Structured Repayment Plan to get Finances on Track

Debts cut by 61% - saving £600 a month with an IVA

IVA is not always the right choice

Clear debt with an IVA - and starting life again

Your money or your job

IVA slashed monthly payments to £300 - from more than £2,000

Divorce/separation can change your financial life

IVA after wage drop and debts spiralling.

IVA Advice and IVA Help

IVA Advice - Guide to arrange an IVA

IVA Advice - Northern Ireland

IVA Advice - What is the Cost of an IVA?

IVA Advice – Being eligible for an IVA?

IVA Advice – IVA Facts and advantages over bankruptcy

IVA Advice – IVA Facts and disadvantages

IVA Help

IVA Help - How long could it take?

IVA Help - Insolvency Practitioner

IVA Help - Secured loan or mortgage?

IVA Help - What will happen to my assets in an IVA?

IVA Help - What will happen to my home in an IVA?

IVA Help - What information do I need to arrange an IVA?

ClearDebt IVA Help Online Application Form Apply Now

ClearDebt is the only IVA company to offer full online IVA applications
Five simple sections to complete a full IVA application
No time consuming filling debt forms by hand
Login when it suits you and complete at your own pace
Personal, private, confidential and secure
You stay in control

Latest news about UK debt

'Affordability likely to worsen for borrowers'
(5 Feb 07) A leading economist has warned that affordability levels for borrowers and homeowners are likely to deteriorate ... more >>

Finance education 'failing young people'
(4 Feb 07) A leading member of the Liberal Democrats has called the level of financial education in the ... more >>

More than 100,000 chose insolvency in 2006
(4 Feb 07) Official figures show that the number of people who went insolvent last year is likely to ... more >>

Desperate borrowers 'feel obliged' to repay debts
(3 Feb 07) Most borrowers genuinely feel guilty about not being able to pay off all their debts despite ... more >>

Sub-standard affordability checks 'deeply irresponsible'
(3 Feb 07) Checks on people applying for unsecured credit have been described by uSwitch as "woefully inadequate". ... more >>

IVA FAQs

IVA Advice: What exactly is an IVA?

IVA Advice: How long will the IVA last?

IVA Advice: Can creditors change their minds if the IVA has been agreed?

IVA Advice: How much will the IVA monthly payments be?

IVA Advice: When is the best time to do an IVA?

IVA Advice: I am self-employed. Can I do an IVA and continue trading?