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Advice needed.. IVA or Bankruptcy?

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Advice needed.. IVA or Bankruptcy?

edited 30 November -1 at 12:00AM in Bankruptcy & Living With It
8 replies 952 views
MorfxMorfx Forumite
53 posts
10 Posts First Anniversary Name Dropper
edited 30 November -1 at 12:00AM in Bankruptcy & Living With It
Any advice muchly appreciated..

I'm currently 40k in debt, 18k on credit cards 22k on loans..
I'm making the minimum payment each month on the cards and up-to-date with my loan repayments, I'm barely getting by each month, paying roughly £1000 a month but not bring my credit card debt down.

Ive had the card debts for nearly 5 years and constantly switching to avoid the interest..

I can't do this anymore... Help!!:(

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