Thank you for your quick replys. I was initially advised that Bankruptcy would be the better option, but i have read into IVA's and would prefer to do this ! I am definitly going to try the IVA first. I already have a second account that i used for groceries etc... It has no overdraft and is only a ...

I split with my partner last year and lost everything, I'm appx £47k in debt and have 2 children to support with what seems no way out. I've spoken to a company regarding my options as my debt is growing faster than i can control, they mentioned an IVA as an option, and is sending me details through...