AIBU to enter into an IVA

[wildone03]

Im so sick of being in debt its keeping me up at night and consuming my every thought.

I have 19k worth of debt over 2 loans and 3 interest free credit cards. I pay about £400 pm just off debt.

I have looked into and IVA which i have been so against but i dont know what else to do..

We would need much much more detail to even hint at the right answer. You should get advice asap, CAB is good place to start, good luck

It can definitely be the right thing for some people, but you need specialist advice!

If you go on the ‘debt free wannabe’ section on the money saving expert forum they have some fantastic people who can help you best, they usually ask you to provide a statement of accounts to see where your money is coming and going but their advice is brilliant and some people are experienced in financial matters to advice u on the best course of action. Good luck x

Dont di an IVA get a debt management plan with patplan or the national debt helpline. We are with payplan and are paying 100 amonth for 15k debt. We are three years from the end. It screws your credit but if you are in default its screwed anyway and it iant as drastic as iva.