if i go down the IVA route what happens to things you are tied into for a year? mobile phone etc.
will i need a new bank account if i owe money on credit cards to that particular lender.
thanks

thanks melanie

no equity im afraid, moved back in with parents temporarily

thanks for the speedy reply, would they settle on roughly 50p in the pound?

in happier times i had a good sideline selling online, this led to the banls/CC companies extending me a large line of credit (@£62000), things have dried up in the recession and all im left with is my 9 to 5 job, this pays around £1400/month, i have childcare to pay of £250 and a debt to my father ...