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Debt management OR IVA - Which works better?

When debt problems start to pile up and there is no option left but to seek help, there are usually two routes to go, a) Debt Management or b) IVAs

Of course we are not talking bankrupcy here but the stage before that.

I often ask myself whihc is better? I guess financial circumstances have a part to play but what does every one else think of the two? whaich is better and why?

posted by: Cozyprices.com

Comments

  • Tixy
    Tixy Posts: 31,455 Forumite
    If you want advice please remove the link from your post
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • fatbelly
    fatbelly Posts: 23,896 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    edited 21 November 2009 at 7:57PM
    Cozyprices wrote: »
    When debt problems start to pile up and there is no option left but to seek help, there are usually two routes to go, a) Debt Management or b) IVAs

    Not true!

    Money Advice Trust run a 'strategies' course for debt advisers. If I remember correctly they consider 13 different strategies!

    Incidentally - I've just reported this thread as spam.
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