Fees and
Key Information
If you choose to enter into an Individual Voluntary Arrangement (IVA), there will be fees involved. The level of any fees taken will be decided by your creditors. The costs in relation to your IVA may also be claimed back.
You will only be charged a fee if your IVA is accepted.
All costs are built into your monthly payment.
Once your IVA has been accepted, the fees you pay will be:
IVA Fees, clear & simple
These are built into your monthly payment and are only charged if your IVA is approved.
Nominee’s fee
SetupTypically £1,000–£3,000 (often capped at 4–6 payments)
What it covers: preparing your IVA proposal and arranging the creditors’ meeting.
- Paid first from your IVA payments
- No separate upfront fee payable by you
Exact figure approved by creditors in your proposal.
Supervisor’s fees
OngoingUsually 15–18% of funds received
What it covers: managing your IVA, collecting & distributing payments, and reporting to creditors.
- Often fixed fee + % combo
- Percentage applies to contributions & assets
Structure confirmed in your IVA proposal.
Disbursements / Costs
Third-partyOnly what’s necessary
What it covers: Insolvency Service registration, insurance bond, and mandatory searches.
- Itemised transparently in your IVA proposal
- Must be approved by creditors
These are statutory, not add-ons.
Important notes
- Fees are taken from your IVA contributions — there’s no separate upfront payment from you.
- The exact figures are agreed by creditors and detailed in your IVA proposal before you proceed.
- If an IVA isn’t suitable or isn’t accepted, you won’t be charged IVA fees.