Is There a Debt Solution?

Citizens' advice is warning that people with debts they can't pay are being offered the wrong solution by companies looking to make money out of them. Individual voluntary arrangements or IVAs fix repayments for five years, after which any remaining debt is written off. Figures show number of people taking out an IVA in England and Wales has grown from just over 6,000 in January to 7,000 in August. If you've had a similar experience let us know at moneybox@bbc.co.uk.