anyone got any advice please

[anfieldbabe]

should i go down the iva route or not i have a natwest bank loan over 7 years with 6 and half years left i have provident and greenwoods which will be paid off in a year if i manage to struggle payin em i have 2 credit cards 250 and 750 owin on em so should i or shouldnt i commit to a iva over 5 years and the stigma that goes with one or try and struggle on

[MelanieGiles]

That decision is best taken in direct consultation with professional experts who will take time with you to explore all options and to allow you to make a reasoned choice as to the way forward.

As a rule of thumb - if you feel that you could work hard to pay your debts off in say 7 years, a DMP might be a better option, and certainly your creditors would get paid in full, but they would have to co-operated with you you and agree not to take legal action against you if you could not afford to make the full extent of contractual repayments.