thanks Viki had just read it. I just cant seem to make up my mind!

Is there any real difference between finishing an Iva or going bk? Ive heard their just as bad?

lol, sorry ive got so many windows open trying to read everything i can to help decide what to do.
Thanks again for your comments

Is it true that after going bk in some cases you may still have to make some kind of payments for up to 3 years?

just been looking at citizens as was going to go today but none are avail now 'til mon morning. My iva payment is due today but have put it on hold cos i really fell i was missinformed and to pay £300 today to start filing for bk next week seems pointless. I understand it could jepordise my iva but ...

Thankyou. I spoke the the national debt helpline yesterday and they said that i might struggle to go bankrupt as i had kept up with my iva payments for the last year (even tho i had to borrow)

Hi thankyou for your reply. No options where discussed. They even had to adjust a few of my figures because i couldnt afford the payments so put through i spent less in diesel for example to help me get excepted. Ive had to borrow money from family and friends to get by and its getting me down

I have £55,000 of debt. I goe an iva thru clear start. I'm paying £300 for 6 years. Ihave no assets. Is there any point paying all this money when i could go bankrupt? Many thanks Lee