Thanks for your reply to my posting on 3rd Sept 07, Melanie. Yes,I think it is indeed a Debt Management programme which is meant to be a solution for me. It is expensive, with me paying £120 a month and only £80 of it going to my creditors. When I checked again, it turns out my debt is actually only...

Hi reception It will certainly not be an IVA if you only have debts of £4,000. I imagine that you are going to be proposing a Debt Mangement Programme, but are you sure that you need the assistance of a third party if your debts are so low? How much will you be paying each month and how many credit...

I am just about to sign up for what I thought was an iva with a company called Clear Financial Solutions. However my debt is only £4000 so maybe it is not an IVA, though it sounds similar. I would like to do some research before I sign up but do not know the name of my type of arrangement. Any ideas?