19. DROs & IVAs

In this episode of Money Mondays Zak & Emma are talking about 2 potential debt solutions, Debt Relief Orders (DROs) and Individual Voluntary Arrangements (IVAs) They explore what each of them entail, the possible benefits and things to be aware of. They are also joined by Wendy from 'Access 2 Advice' to give more context to this in a prison setting. Both of these debt solutions can have large impacts on your financial situation so it is always important to seek impartial debt advice before making any decisions  USEFUL LINKS: Quids In Magazine What is a DRO What is an IVA StepChange (DRO) StepChange (IVA)   If you would like to get in touch with Money Mondays and ask us a question, suggest a topic or start a conversation, you can E-mail us at... 📧:  [email protected] 💬 DM us: @afterprisonpod on Instagram, Twitter and TikTok ✉️ Write to us: Life After Prison, National Prison Radio, HMP Brixton, London SW2 5XF This episode is hosted by... Zak - The award-winning co-presenter of NPRs 'Life After Prison' Podcast Emma - Works for 'Clean Slate' & their money skills resource 'Quids In' - Who provide information and support to people on lower incomes You can find out more about the work of the 'Prison Radio Association' and 'National Prison Radio' here: https://prison.radio/   Hosted on Acast. See acast.com/privacy for more information.