Our initial advice is free and there is no cost to you if you decide against proceeding with an IVA. Should you choose to apply for an IVA, and it is approved, then there will be a fee charged for our services. These fees are paid from the realisations made from your assets and/or your income contributions, you do not need to pay anything over and above your agreed payment to your IVA. Your adviser will explain the costs of an IVA before you formally proceed and you will receive paperwork detailing the fees that will be charged. In addition, your creditors will approve the fees of your Nominee and Supervisor as part of the application process.