hi is an iva better than keep paying cccs

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Post by sharon.cn » Wed Jul 28, 2010 9:03 am
hi is an iva better than keep paying cccs any thoughts on it please

Adam Davies

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Post by Adam Davies » Wed Jul 28, 2010 9:17 am
Hi and welcome
It may be better but will depend on many factors. How much debt do you have and how much are you paying into your debt management plan ?
Andam Davies

Tina Shortland

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Post by Tina Shortland » Wed Jul 28, 2010 9:25 am
Hi Sharon, welcome to the forum,

As Andy says it may well be but you would need to discuss your situation in full with a professional to understand if it is a better option for you.

It is best to give a couple of Insolvency companies a call for a free advice chat - you will see recommendations on here from other forum posters and you could also try visiting www.iva.com to have a look at the reviews about the companies mentioned.

Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.

If you’re looking for effective debt related information, articles and news, then go now to our on-line advice service at www.debtadvicetv.com

If you’re ready to ask us for specific advice or help, then get in touch at www.call-me.debtadvicetv.com so you can start to free yourself from the stress and anxiety of overwhelming debt.


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Post by MelanieGiles » Wed Jul 28, 2010 11:07 pm
If your DMP is going to take more than five years to pay creditors in full, an IVA may well be a better solution for you - why not ask if you can speak to the CCCS IP to see if she feels an IVA would be sensible for you, or alternative take advice from another insolvency practitioner.
Regards, Melanie Giles, Insolvency Practitioner


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Post by Shining » Thu Jul 29, 2010 6:22 am
The link above provided by Tina is a good starting point to find professionals to talk to. Probably best to speak to 2 or 3 companies to get some impartial free advice. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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