Yes, you will get hounded by creditors and yes they will cut off you lines of credit.
We all have felt the way you are feeling now and there is always a solution to our debt problems even if it is BR. I don't think creditors can refuse BR.
Try and remain positive xxx
I wouldn't say it's out of your hands once you sign the papers as all the input is yours and it is your best proposal to your creditors plus there is the ongoing relationship with your IP who will be there to help you.
Prior to our creditor meeting I even registered on the BR website to fill in the forms as I was convinced the IVA wouldn't be accepted but it was.
And even if you believe it's out of your hands once you sign the papers, you will be in a better position as you will no longer have those minimum payments to meet, which worry you to death about where the next penny is coming from.
It's surprising what you can do when you have to. I lost 3 days work due to snow but I am up to date on my bills and still have money in the bank.
Pre-IVA is a dark place but once you are there you will be fine.
As to bankruptcy, if that is the road you choose, there is nothing the creditors can do about it. You go to court, are declared BR and that is that - debts are written off and you just have to sort out whether or not you need to make any payments.
As to a DMP, you are best using a company to sort this out for you.
There was a documentary on Channel 4 last year about such call centres and I was disgusted with what I saw.
Don't let them get to you.
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