I take it a DRO is out --- due to assets or disposable income over £50.
How quickly can you pay the £20k back and what assets do you have at risk?
Compare that with a Debt Relief Order, Bankruptcy and IVA. Payments will be between 3 -6 years depending on your circumstances.
Who is onlineUsers browsing this forum: Bing [Bot] and 17 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, IVA.com Group Limited will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location