| Question |
IVA |
Debt Management |
Debt Consolidation |
Bankruptcy |
Remortgage |
| Will my debts be cleared within an agreed period? |
Yes |
No |
Yes |
Yes |
Yes |
| Will interest be frozen? |
Yes |
No |
No |
Yes |
No |
| Will charges be frozen? |
Yes |
No |
No |
Yes |
No |
| Will part of my debt be written off? |
Yes |
No |
Yes |
Yes |
Yes |
| Am I protected from my unsecured creditors? |
Yes |
No |
No |
Yes |
No |
| Will I be able to avoid selling my home? |
Yes |
Yes |
Yes |
No |
Yes |
|
Are all my creditors legally bound to write off the debt I cannot afford to repay? |
Yes |
No |
No |
No |
No |
| Are the creditors that don't want to help me forced to write off debt? |
Yes |
No |
No |
No |
No |
| Will I be seen as doing the right thing by my creditors? |
Yes |
No |
Yes |
No |
Yes |
| Will my creditors stop chasing me for payment? |
Yes |
No |
Yes |
Yes |
Yes |
| Do I retain control of the situation? |
Yes |
No |
Yes |
No |
Yes |
| Is it a confidential procedure? |
Yes |
Yes |
Yes |
No |
Yes |
| Will I avoid the stigma of bankruptcy? |
Yes |
Yes |
Yes |
No |
Yes |
|
Is the service provider a specialist in consumer debt, professionally qualified and licensed? |
Yes |
No |
No |
Yes |
Yes |
