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Disadvantages about IVA?

Bobby81
Posts: 62 Forumite
Hello everyone, just wondering we are seriously thinking about joing an IVA agreement and have spoke to a few people, can anyone tellme the diadvantages about doing it, i know we will have bad credit rating but it cant be any worse than it is now. Any advice, greatly appreciated.
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Comments
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Try posting this on the Debt Free Wannabe board I think someone should get you some help there.Save £12k in 25 No 49
PB Win 21 £225, 22 £275, 23 £900, 24 £750 Balance Dec 25 £32.7K
Plan to move to Denmark for FIRE by Autumn 2025 “May your decisions reflect your hopes not your fears”
New diary aiming for fire https://forums.moneysavingexpert.com/discussion/6414795/mortgage-free-now-aiming-for-fire#latest0
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