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 Should I consider an IVA or is it bankruptcy for me ?

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T O P I C    R E V I E W
Chris.x Posted - 10 October 2013 : 03:45:58
I currently have £36000 worth of debt, unsecured, I earn roughly this a year, I do not own a home and have no significant assets, my monthly debt payments is around £800 p/m with this and house hold bills, rent, bills food etc my wage is gone, is bankruptcy for me or should I consider an IVA
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Niobe Posted - 10 October 2013 : 07:57:28
Hi and welcome to the forum.

I echo Viki's words - there are a couple of debt solutions you could consider but please pick up the phone and speak to an expert. The advice is free.

The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant


Viki.W Posted - 10 October 2013 : 04:33:05
Hi Chris,

How much can you afford towards your debts each month? Have you missed any payments yet?

I advise you speak to an expert and go through all your options as there are many different solutions if you are struggling.

Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp

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