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Fees and Key Information


If you choose to enter into an IVA, there will be fees involved. The level of any fees taken will be decided by your creditors and any genuine costs in relation to your IVA may also be claimed back.
Individual Voluntary Arrangement fees.
You will only be charged a fee if your Individual Voluntary Arrangement is accepted.
All cost are built in to your monthly payment.
Once your IVA has been accepted, the fees you pay will be:

Nominee’s fees

A licensed insolvency practitioner must act as nominee on an IVA. This fee covers the professional costs and charges involved in arranging your IVA, including:

Arranging the creditors meeting. It will typically be between £1,000 and £3,000 and is often capped to an amount equal to your first 4-6 months’ IVA payments.
The Nominee’s fee will be paid first before any payments are made to your Creditors.

Supervisor’s fees

The Supervisor’s fees cover the ongoing work involved in running your IVA and is calculated as a percentage of “realisations”: typically it is charged at 15-18% of any money received by the Supervisor and distributed to your lenders, such as your monthly contributions, any assets (e.g. the equity in your property, successful PPI mis-selling claims) and windfalls (e.g. an inheritance) that you receive during the term of your IVA.

Disbursement Costs

Disbursements are payments made to third parties involved in your IVA, to cover essentials such as the registration fee that comes with being added to the insolvency register.
There might also be costs incurred directly in connection with the running of your IVA, such as postage and insurance, which your IVA provider is entitled to claim back.
How much you will pay in fees will be clearly set out in your IVA proposal. They must be approved by your lenders and may be changed before the proposal is accepted.
The average fees paid by our clients are currently:
Nominee’s fees: £1,209
Supervisor’s fees: £1,597
Supervisor’s costs: £900

Key information

NEW LEAF DEBT ADVICE do not directly provide solutions, we offer a no obligation referrals to trusted providers of appropriate solutions and receive a fee from these providers if customers agree to these solutions. All our insolvency practitioners that we work with are authorised to act as insolvency practitioners in the UK, by the Insolvency
practitioner’s association.

New Leaf Debt Advice Limited Registered Office Onward Chambers, Centenary House, 1 Centenary Way, Greater Manchester, M50 1RF, United Kingdom. Registered in England and Wales Registration number 12203002.Data Protection Registration Number ZA549249

Trading address- 50 Barton Rd, The Granary, Worsley, Manchester M28 2EB

Laura Stewart is authorised to act as an Insolvency Practitioner in the UK by The Insolvency Practitioners Association (IP Number 23590) Learn more:

Subject to eligibility and acceptance. Fees Payable. Debt write off applies to unsecured debts only and on completion of an IVA. If your IVA fails, it could lead to Bankruptcy, although this is rare and alternatives may be available. Your ability to obtain credit will be affected for the medium to long term. Homeowners may be required to release the equity in their property, if unable to release equity and equity is available creditors may request an additional 12 months payments in compensation.

New Leaf Debt Advice provides insolvency solutions to individuals, specialising in IVA. Advice and information on alternative options will be provided following an initial fact find where the individual(s) concerned meets the criteria for an IVA and wishes to pursue it further. All advice given on any alternative options is therefore provided in reasonable contemplation of an insolvency appointment.

The Money Advice Service is a free service set up by the Government to help people make the most of their money. If you would like to learn more visit