www.iva.co.uk

I have my own business and am currently paying £190 per month for a debt managanement programme, (personal debts) if i was to go down the route of an IVA would i still be able to trade in my business?

I believe that IVA's were introduced to help folk with their own business's so cant see any reason why not. Have a chat with an Insolvency practitioner regarding your situation. Good luck.

There should be no reason why not - but you are paying quite low contributions, and with an unsteady income stream you may find it difficult to persuade an IP to take your case on. Worth having a chat with a practitioner though - as there are a number of firms who will take on smaller cases.

There are quite a few firms who will take on cases where the monthly contribution is as low as £150 per month. Visit www.iva.com and you may be able to find reviews on one or two of them. Good luck.