What exactly is an IVA

wendywoo1982

Nargleblast wrote: »

Whichever you decide on - debt management plan, IVA or bankruptcy, it is up to you to follow the rules and make it work. This is where the debt counselling charities come in useful, for guidance and support. I have heard people say that going bankrupt was the best thing they ever did! Others have said thank goodness for the IVA or the DMP or whatever they chose to do. This is why I can't emphasise enough how important it is
to talk to CCCS/Payplan/NDL etc, as they can advise you without ripping you off.

Thanks very much for that, i will get advice from the places you suggest before i do anything. What does CCCS and NDL stand for? Baines and earnst are going to charge £200 in fees so i wont be going with them at all, thanks for great advice:j

Deep_In_Debt

CCCS - Consumer Credit Counselling Service (debt charity)
NDL - National Debt Line - FREE impartial advice