Red Debt Solutions are licensed Insolvency Practitioners with many years experience helping individuals, mainly in Yorkshire and the North of England.

We can negotiate on your behalf an Individual Voluntary Arrangement (IVA) which is a legally binding agreement between you and your creditors.

Typically this may involve making fixed monthly payments for a maximum of 5 years or alternatively making a one off payment from a third party or remortgage, resulting in creditors potentially writing off upto 75% of their outstanding debt. Once the arrangement has been approved you are left DEBT FREE, subject to making your agreed payments. An arrangement may last anywhere between 6 months and five years.