FAOV debt settlement
We bring your company current with BANAVIH: we sort out your past-due FAOV debt and get you out of the hole before it grows. From $150.
Requesting a quote doesn't commit you to anything
- You tell us about your case. It's free.
- We send you the price in writing, within 1 to 3 hours.
- You decide. If it works for you, we start. If not, you delete it with one click and pay nothing.
No one will pressure you. Your information is used only for your case.
Is it for you?
If any of these sounds like you, this procedure is for you.
- Companies carrying FAOV debt with BANAVIH from past-due contributions, unfiled months or unregistered employees, that need to get current before the debt blocks their compliance certificate or affects their people's savings
What's included and what isn't
Everything clear from the start. No fine print.
Includes
- Review and quantification of your real FAOV debt.
- Separation of the real debt from registration errors.
- Handling the settlement of past-due months.
- Negotiation of whatever payment terms BANAVIH offers.
- Support until the company is current.
Does not include
- The debt amount itself, which the company pays as agreed.
- A guarantee that BANAVIH will approve specific terms (that's up to the agency).
- The prior reconciliation if the account is badly out of balance (it can be added: FAOV account reconciliation).
- Debts with IVSS (Venezuelan Social Security Institute) or INCES (national training institute; collects the employer training levy), which are separate procedures. We can handle it separately:IVSS →INCES →
What you need
Check off what you already have. You don't need everything to request your quote.
You have 0 of 5.
- Company registered as an employer with BANAVIH
- FAOV account statement or debt notice
- The company's actual and historical payroll
- Login credentials for FAOV en Línea (BANAVIH's online system), or coordination to access it
- Your contact details for coordination
How the process works
You do very little. We take care of the rest.
- Step 1
We quantify your debt
We review and calculate your real FAOV debt.
We do this - Step 2
We separate real from error
We tell apart what's truly owed from registration errors.
We do this - Step 3
We settle and negotiate
We bring past-due months current and negotiate payment terms.
We do this - Result
Done
We stay with you until you're current.
You receive it
On the size of the debt and the timelines of BANAVIH (national housing bank); we give you an estimate once we review it.
What it costs and how to pay
There are two separate payments, and we want you to see them clearly.
Our fee: we do all the work for you.
The agency's fees, if any. It goes straight to the agency, and we give you the exact amount, with its receipt, before you pay anything.
How you pay: 50% when we start and 50% on delivery. In dollars, in bolívares at the official BCV exchange rate, or with Cashea.
How is your investment calculated?
Your investment covers our rescue and handling work. Our professional fees, from $150, for reviewing, quantifying, settling and negotiating. They go up with the size of the debt and the complexity
Paying the real FAOV debt is separate, based on what is agreed with BANAVIH Your accountant gives you the exact figure before you pay anything, no strings attached.
FAQ
What happens if I leave the FAOV debt unresolved?
It grows with interest, blocks your compliance certificate and your employees can't use their savings for housing. The claims come at you from two sides, BANAVIH and your people.
Why did my debt grow?
It adds up past-due contributions and interest, and sometimes registration errors.
How much does it cost?
The professional fee, from $150, covers sorting out, settling and negotiating the debt; it's adjusted to its size. The company pays the debt.
Can I pay in installments?
We negotiate whatever payment terms BANAVIH offers.
And after that?
Ideally, move to the Payroll contributions up to date subscription so it doesn't happen again.
About this procedure
FAOV debt with BANAVIH grows in the same silent way as every employer obligation: months of contributions that were never filed, miscalculated full salaries (salario integral) that left differences, employees who were never registered. Each gap keeps adding past-due contributions and interest, and employers rarely grasp the real size until they request a compliance certificate and it's denied, or until an employee complains that their housing contributions are incomplete.
And here, settling properly has an extra layer that makes it delicate: because FAOV is savings in the employee's name, the debt doesn't just affect the company before BANAVIH; it also touches your people's right to their home loan. That's why it has to be done with sound judgment: understanding how much is truly owed, separating what's real from registration errors, and structuring the payment in the most manageable way, negotiating whatever payment terms are available, so the company is compliant and the employees get their full savings back.
We get you out of the hole in an orderly way: we review and quantify your real FAOV debt, separate it from the errors, and handle the settlement and the payment terms so your company is current with BANAVIH again. Pricing starts at $150 and goes up with the size of the debt and the complexity. An advisor reviews your situation and confirms with you before we start, no strings attached.
Legal framework and important notes
Ley del Régimen Prestacional de Vivienda y Hábitat (Housing and Habitat Benefits Law, FAOV)
- Settlement brings the employer current with BANAVIH for past-due FAOV contributions, unfiled months or unregistered employees
- It's best to reconcile first to separate the real debt from the errors
- The company pays the amount and its interest; approval of payment terms depends on BANAVIH
- The debt blocks the compliance certificate and affects the employee's savings
We guarantee our service, not what the agency decides. If something depends on them, we tell you clearly and in time.
Is your case different?Ask us, message us on WhatsApp or book a free consultation. A real person answers you.
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