I guess there are two priorities for you:
1 - Get your finances into a manageable shape now.
2 - Clear your debt as fast as you can.
The first priority might be dealt with quicker via a DMP.
The second priority, according to the amount you feel that you can afford monthly, would be better achieved by an IVA as and when it becomes available to you.
We have a number of DMP clients who sought IVA's but were not able to enter into one for various reasons. We keep an eye on these DMP cases because if circumstances change and the IVA beomes available it very often represents best advice to our client at that point.
It's interesting that CCCS want more than £100 more per month than you proposed via a highly trained licenced Insolvency Practitioner. If £360 isn't really affordable perhaps you should speak to a DMP company that will represent you rather than your creditors.
Andrew Graveson
Mortgage Broker & Bright Oak Debt Management
andrew@brightoak.co.uk
www.brightoak.co.uk