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Spotting fake IVA and 'write off your debt' adverts

If an advert promises to wipe most of your debt with no downsides, treat it with real caution.

Scams & Debt Advice Traps3 min readReviewed July 2026

Legitimate debt help never pressures you into a solution over the phone in a single call. A reputable service gathers information and explains the risks first.

Watch for lookalike branding, missing company details, guaranteed write-off percentages, and requests for upfront fees before any support is given.

Free debt help is available from charities and from firms whose fees are transparent and only apply within specific solutions such as an IVA.

General information, not personalised adviceThis article is written to inform. It isn't personalised debt or legal advice, and Debt Compass is not authorised by the Financial Conduct Authority. A team member can talk you through the options and point you to a free debt help service or authorised insolvency practitioner before you decide on anything.