Latest Articles

I can not pay my mortgage how can I avoid repossession

Can you avoid repossession by cutting back your living expenses? How to avoid repossession by reducing your unsecured debt payments.

How will a VAT increase affect my DMP

Will a VAT increase affect your Debt management Plan? Will it mean you need to start a DMP? How to prepare for a VAT increase.

Reducing personal debt levels in the UK must be a priority

Why have personal debt levels grown so large in the UK? How have many people avoided financial disaster? How to prevent debt problems in the future?

Can I have a Debit Card in a Debt Management Plan?

You are allowed a debit card while in a Debt Management Plan. How to get a debit card. What if your credit rating is poor? Pre paid debit cards.

Should Personal Debt be more strictly controlled?

Is access to personal debt important? Should bank lending be more restricted? Should individuals take greater responsibility for their finances?

Debt Relief Order if you own property in Negative Equity

What assets are you allowed in a Debt Relief Order? Can you do a Debt Relief Order if you own a property with negative equity?

Am I responsible for joint debt if I did not spend the money

What if you have a joint debt but you did not spend the money? Are you responsible for repaying the debt? What if you cannot afford to repay a joint debt?

Can I do an IVA if my house is in negative equity?

Is an IVA possible if your property is in negative equity? What if there is still negative equity at the end? What if the amount of equity has increased?

How much will you pay back if you go Bankrupt?

New Bankruptcy rules in Dec 2010 make it more likely you will have to pay back something towards your debt. How much will you have to pay back?