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Applying for an IVA in the end!
Comments
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Hi amyjaj,
The charity sector does tend to advise DMP's over IVA's, and with the best intentions I am sure.
In my case it was a similar choice to you: 15-20 year DMP (as advised by a debt charity), or 5-6 Year IVA (as advised by the private sector).
After several months of research I weighed up the options, and here I am nearly 2-Years into the IVA.
Out of interest, why did you go for the IVA in the end over say going BR/DRO? (Having read some of your other posts, I recall that your total debt was around the £15K mark).
Regardless, as long as you have properly researched all your options, you should be OK.
Best of luck with your IVA.0 -
Looks like I was going round in circles in my debt! Would have taken forever to have got it down to a safe level with interest to be accepted!0
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