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Currently on a DMP would anyone recommend switching to IVA?
Comments
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Is bankrupcy worse tho? & would we need to tell our Landlords? I'm worried they may throw us out with a baby if so
Sorry to sound stupid Broker but by assets does this include my car? Thank you x0 -
You really need to discuss all 3 with some one like the CCCS as the what to do will depend on your personal circumstances, the key things you need to know is what your assets are, how much you will have available to pay to your creditors each month and the make up and level of your debts. Those are the things you need to work out,
If you have specific questions about how things will be treated in any of the 3 we can answer those but we cant tell you which route to take you need to make that decision your self
If you ask a question try and give as much info as possible eg if asking about a vehicle, is it on finance, how much is it worth what do you useit for (or will be using it for) etcHi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.0
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