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by sam.wn
Wed Oct 13, 2010 6:51 pm
Forum: Ask IVA Forum and Industry experts
Topic: whether to enter into IVA or DMP?
Replies: 14
Views: 1907

Thanks for all your messages, I am now being told that although our debt is £49k we would be better to look at DMP as 25% of the debt is with Northern Rock and "apperently" they are not that cooperative (fine ones to talk!) - as we have a good sum to pay back each month, they would most likely rejec...
by sam.wn
Mon Oct 11, 2010 8:20 pm
Forum: Ask IVA Forum and Industry experts
Topic: whether to enter into IVA or DMP?
Replies: 14
Views: 1907

Hi, My husband and i have a total of £49k in debt, with 4 creditors. We are stuck on deciding whether to enter into IVA or DMP ? I can see the advantages with them both - If we tried for a DMP and the interest was not 0 then it wouldnt work, so Im not sure if we should just go straight to IVA? We c...
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