IVA or DMP

Hard_Worker_2

Im in £66k debt including interest.

I have £450 a month to spare.

I do not own my own home but i can purchase my council house in Dec which is less than the rent.

Simlpy which one would you recommend and why. Which companies offer the best deal.

fermi

Both CCCS and PayPlan can:

1) Impartially and for free offer the best advice as to which option is most suitable for you.
2) If they advise a DMP, then they run there own where every single penny goes to the creditors.
3) If the advise an IVA, then they can help you on your way to getting one with a decent firm sorted out.

Links and phone numbers in my signature.

I'm not voting as I think it's a decision that needs professional advice.

hypno06

Different things are right for different people. Whichever way you go, you will get the right advice from CCCS or Payplan. Also you will get oodles of support here, whichever you do!

Good luck x

Hard_Worker_2

Thanks both its just so confussing and my head is in a spin.

I think i will ring Payplan tommorow.