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IVA help
Comments
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Yeah okay. Thanks for your help.0
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Just make sure you make HMRC a priority creditor if you do have debt to them. They do make people bankrupt.
Consumer debt providers buy up debt for a portion of the original value. They can usually make a good profit if you pay back 40-50% via a DMP, so they are not going to waste £680 hoping to get you to pay back the same via bankruptcy.
With old debt they might settle for less than 20% full and final.If you've have not made a mistake, you've made nothing0
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