Yes, Londoners are easier to lend to – that’s because many of them earn more than the rest of us and also because the capital’s absurd property prices leave many with masses of equity. That’s the sting in the tail…

Debt management does not bind your creditors, freeze your interest or get you debt forgiveness, the way an IVA can. For debtors with high incomes, its much more of a possibility – but for those with average or lower pay…