Ok with regards to my second question. Can I Sell my shares to pay my relatives then apply for an IVA? Surely then I have got rid of my only assets. Also please could you advise a good company to go use when applying for an IVA. I have been told to be carefull as there are a few cowboy companies out...

The shares were part of my firms sharesave. I put in £250 a month for three years and option price was £2.28 which i took up. They were £7.54 last year but are now only £3.20. I have 4325 of them. the problem I have is I also owe relatives £25,000 on top of the £22,000 in credit cards. so i when the...