Listen to BBC Essex - Steve Scruton 2-4pm

Mike was live in the studio with Ken Crowther, who's sitting in for Steve, and explains how IVAs can work for consumers detailing how lenders vote and who pays the fees. Mike also helps one listener plan a way forward after he had been made redundant and could no longer afford to pay his credit card bills. Another subject covered is how you cannot sell your debts to avoid payment and unenforceable credit agreements. Plus lots more!

Remember this is a BBC recording therefore any competitions or prizes are no longer applicable.