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Posted: Thu Sep 27, 2012 1:14 pm
by Gary.sc
I have an outstanding loan of approx £4500 that I am unable to repay at the agreed repayment I am now being pursued by an solicitor Is there anything I can do

Posted: Thu Sep 27, 2012 1:16 pm
by Niobe
Hi and welcome to the forum.

Is this the only debt you have?

Posted: Thu Sep 27, 2012 1:30 pm
by iampav
Hi Gary.sc,

In addition to Niobe's question, it would help to know whether you are in an IVA already or considering one.

There are a range of options available to anyone with debts and a very good booklet is available here:

http://www.bis.gov.uk/assets/insolvency ... ditors.doc