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IVA v DMP – Which is the best debt solution? Which debts can be included? How long do they last? How is your home affected? Which is more flexible?

Can you apply for another IVA if your first is rejected? What alternative options can you consider? Will you be forced to go bankrupt?

Who will be told about your IVA? Could your employer find out? Is it possible for anyone to discover you are in an IVA?

Can you stop your Debt Management Plan if it is not working? How easy is it to change to an IVA? What are the advantages and disadvantages of the IVA?

Should you stop your DMP and start an IVA? Will your debts be paid faster? Will your monthly payment change? What happens to your home and credit rating?

What is a Full and Final settlement IVA? How much does the lump sum have to be? Where can the cash come from? When does the money have to be paid?

How long does a standard IVA last? Can the length increase? Is it paid faster if you pay more? Can the agreement be settled early?

A useful explanation of the different debt solutions in England, Wales and NI. Debt Consolidation, Debt Management, IVA. Is Bankruptcy rally all that bad?

Find out which debt solution is right for you. A review of the different options including Consolidation, Debt Management Plan, IVA, Bankruptcy and DRO.