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Advice Please

I have been contacted by a company called Debt Matters who are offering me an IVA to sort out my debt. Has anyone heard of them? Any advice, good, bad or otherwise.

Thanks a lot, appreciate it

Comments

  • WASHER
    WASHER Posts: 1,347 Forumite
    Did you use a debt charity, like the CCCS or Payplan to seek advice on your debts. You should never pay anyone for the advice. You can get the advice free.

    Post an SOA (incomings and outgoings) and we will see if you really need an IVA or we think you could do a DMP.

    WASHER.x.
  • RAS
    RAS Posts: 36,185 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 24 February 2010 at 10:36AM
    Hi

    You need to speak to one of the debt charities, who offer free advice. See here http://www.moneysavingexpert.com/loans/debt-help-plan#help

    As a rule, IVAs are only appropriate for a very small number of people. You certainly should not be setting one up unless a debt charity adviises that it is the best option for you.
    If you've have not made a mistake, you've made nothing
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