If you are struggling to meet payments, get in touch with your creditors and tell them about your situation. Many lenders will be sympathetic and you may be able to make an informal agreement directly with them to make reduced payments for a while.
An IVA may still be a sensible way for some people to sort out their debts, though it should only ever be considered after receiving professional, impartial advice, contact us today to find out more. ,
Many companies will charge you for setting up and supervising an IVA, so talk to several before deciding which one to use. Here at Black & Red Money Advice, many of the Insolvency Practioners do not charge you directly.
By entering an IVA, you can wipe up to 90% of your current debt & start rebuilding your credit score today.
Contact Black & Red Money Advice for more information.