I am fortunate enough to have no bills (except for credit card bills) apart from my rent as I live with my parents who have been more than generous to me in recent months. If I was to sign on in July they would need rent so bulk of JSA would be on rent to them. Payplan today agreed that Bankruptcy w...

Regarding Melanie's post I do not have any assests and regarding David's post, I am covering someone who is on maternity leave, so likelihood of contract being extended is all depending if the lady returns. Again I would rather a fresh start than to have a DMP set up. DMP would take 8 years (which w...

Thanks for your input Melanie A DMP was discussed by both IP company and Debtline but they both agreed its not worth it due to the fact creditors can charge interest at any time and the ;ength it would take compared to an IVA and Bankruptcy. I just want a fresh start. A DMP would take roughly 8 year...

Exactly, the bulk of that money would be to pay rent to my parents.

I have heard both positive and negative about payplan, their staff are very helpful and professional but am just annoyed that I nearly applied for an IVA when they knew this was not possible due to my circumstances.

Hi Jan Many thanks for your reply, it is much appreciated. You have basically said the same as National Debtline (although the advise was adament a reduction is not possible or she may have meant to imply that its possible but not if you are out of work). My IP was going to be set up with Payplan, t...

Hi I was in the process of setting up an IVA but to double check this was the right option for me I called National Debt Line today. National Debt Line informed me that I cannot get an IVA due to the fact that I am only a temporary contract with work which finishes in July this year. When I mentione...