Hello, Between us myself and my partner have a lot of debt, however it is my loan payment that we are struggling with the most. I only owe £10,000, which i know compared to some isn't a lot and it is only a 1/4 of what we owe between us. However I also pay our rent, as most of husbands money goes on his debts and feeding us. i struggle to have any money left over, so petrol etc is a real difficulty. I have seen on other sites that you neeed to owe over £15000 to qualify for an IVA. Is it possible to make a similar arrangement direct with my loan company. i do feel that i never could afford this loan, but i actualy worked for the bank that gave it to me, and as i was a colleague they tweaked the figues for me, so that i got approved. i now realise that i should not have allowed this to happen, but it was a desperate time and i though this was our only option, i now know that it has just made things worse. My payment eah month should be £219, but realistically i can only afford £100. My paymeny was missed twice due to lack of fund, this is partly becaus ei left my job at the bank becaus eit was so stressful ( i worked there for 18 months and was signed of with severe stress reactive depression for 6 of these), i know work in a large retail store and although the pay is less, i am a much happier person. so despite this problem it was well worth it. anyway after all that waffle, the long and short of this is, can i canotact my bank directly and make an iva type arrangement? is this wise or should i have professional help? many thanks in advance for any help