If you have an income from work and are insolvent (can't afford to live and pay your contractual creditor payments or do not have the assets enough to sell and pay the debt off in it's entirety) then an IVA could be a potential solution for your debt problem.
You should either contact 2-3 companies (the ones on this site are all reputable) and discuss this further or post some more details on this site so we can advise you.
You will need to ascertain your Disposable income which is your total income less all reasonable living costs and secured loans (NOT any unsecured debt)
You will also need to explain how much the debt is and to who it is owed, as well as detailing your home value and secured loan details.
Best Regards
Oliver
Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at:
www.thomascharles.com/about_us.asp