Finding the middle ground
When it comes to your debt you may think things are hopeless and that you’ll never see the light of day again. The realities are that the creditors are more understanding than you think and in many ways would rather get some of the money you owe them than to have to charge it off completely. They often work with a debt help company working as a go between using an IVA or individual voluntary agreement, as a way to strike up a deal between you and the creditors. In some cases you can even get a credit write-off for the balance you’ll never be able to pay as part of an agreement to pay the rest off.
