IVA or DRO questions

Hi all,

I'm finally biting the bullet and trying to get my finances sorted after many years of neglect due to Mental Health issues.

I'm speaking with someone tomorrow from a charity about the best way forward. 

My total debts are about £14,000.

The main worry I have is surrounding my car. Its on HP and worth about £6,000 and I've never missed a  payment since taking out the HP just over 12 months ago.

I'm worried that I will have to hand my car back if I take an IVA or DRO out, and I require my car for work as its a 25 mile each way trip to work and back.

I don't even know if an IVA or DRO will be suggested, but I'm trying to figure it all out in advance as it takes me a while to process information due to my Mental Health.

Any advice please? 


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