If
you have debts
over £5,000 then
you may want to
consider debt consolidation
or an IVA. An
IVA can Write
off upto 75%
of your Debts
and leave you
debt free within
60 months.
An
IVA is a government
run scheme to
help people with
serious debt problems
out of debt. IVA's
do not have the
stigma that is
attached to bankruptcy,
so the impact
on the reputation
is minimal. IVA's
are not advertised
in the press.