Hi
You are sensible in questioning this advice from GP.
They will have a commercial interest in moving you to an IVA,make no mistake about that.
Also I bet they have not mentioned that you will have to pay over some of your equity in the final year of your IVA.
Your unsecured debt is relativly low at 25k and if you can pay this off in full with a DMP within 8 years[because of your reduced childcare costs] then I would stick with that,especially until your employment seems stable.
Take your time and do not rush into anything just yet.
How much are you paying per month into your DMP?
Regards
Andy Davie
IVA.co.uk Spokesperson
About me:
http://www.iva.co.uk/andy_davie_profile.asp
IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
