HI! I wonder if I could swap DMP for IVA?

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Rafal.75

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Post by Rafal.75 » Sun Jun 20, 2010 5:41 pm
HI! I joined DMP a few month ago. BUt my debt is still increasing ( intrest). I wonder if I could swap DMP for IVA? My debt at the moment is in excess of £17000 and I owe money to 5 creditors
 
 

kallis3

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Post by kallis3 » Sun Jun 20, 2010 5:51 pm
Hi, and welcome to the forum.

Without knowing your circumstances, it is impossible to know whether an IVA is right for you or not.

I would recommend taking professional advice. Visit www.iva.co.uk for a list of companies and reviews. Give one or two a ring and receive free and impartial advice about all the options open to you.
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
 
 

Shining

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Post by Shining » Sun Jun 20, 2010 5:52 pm
Hi and welcome to the forum. An IVA may be a possibility for you and is an excellent debt solution. Have you talked to any companies about this? If not why not take a look at www.iva.com for a list of companies and some reviews. You can get impartial free advice, which will be specific to you. Our professionals who post on the forum also come highly recommended. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

MelanieGiles

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Post by MelanieGiles » Sun Jun 20, 2010 6:55 pm
How much are you paying into the DMP on a monthly basis - and do you own a property which has equity?
Regards, Melanie Giles, Insolvency Practitioner
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