Different companies are sending me mail saying they have a better solution than an IVA, what solutions are they?
When you first contacted our helpline all your available options would have been considered when you provided your income and expenditure details. The options discussed will have included debt management plans, informal arrangements, re-mortgaging & secured loans, bankruptcy and IVAs. Making sure that you receive clear and understandable advice is essential. This website gives further information on all of these options. If it is recommended that you talk to an Insolvency Practitioner about an IVA they must again discuss the all the options to ensure the most appropriate solution is provided for your situation. An IVA will only be suggested for you if the Insolvency Practitioner believes it is the best option for you, taking into account your situation and the money available after you have paid your essential household costs. Other companies stating that they have a better solution may not always have the full information required to make an appropriate decision, or be able to conside
