Thanks for the reply. I understand that bit and would be using the money to clear my other debts anyway. What i am saying is that for the sake of £5000 or so i would rather be on a DMP than in an IVA. If im truthful i will admit that i rushed into the IVA as a quick way to releive the pressure i was...

I am currently on an IVA which has been running for 12 months now. The majority of the debt is down to various charges on current accounts and HP agreements. I am looking to get rid of most of these through reclaiming my charges and have been informed i am most likely to get my HP agreement written ...