I recently got offered an IVA so started looking into it but every forum seems to have people with way more debt than me or struggling a lot more.
I have £5000 debt from just 1 creditor and I can keep up with paying interest comfortably but I'm not progressing anywhere with actually moving the debt itself. I'm torn between getting the IVA I've been offered to make sure I definitely start paying it off or just kind of sitting as I am and pushing for finances to improve in my job. If I can improve my finances I can probably get rid of it in less than the 6 years it stays on my record but if not then I'm just delaying the inevitable. I'm also concerned that I will have more trouble moving out of my parents house if I'm on an IVA than if I'm not.
Just wanted a few more opinions on whether it seems like a good idea or not
Who is onlineUsers browsing this forum: No registered users and 20 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, Vincent Bond and Co Ltd 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