There are similarities between an iva and a loan in so far as an iva is a loan repayment so they are comparable. Comparison is different from identical. I said an iva is like a loan, not an iva is a loan. I was talking about managing the repayments not the punitive repurcussions of being in an iva.
I have never blamed the banks - it was my own fault but I will still treat it like a loan agreement, it's the way I cope with it. You don't like that then fine, that's your prerogative but please don't try and tell me how to treat my IVA.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
