Yearly Archives: 2011

It is difficult to include tax debts in a Debt Management Plan. Can you negotiate a separate payment plan? Should you start a different debt solution?

In recent times, the average level of UK consumer debt has been on the increase. We ask why this could be and whether it actually matters.

Saving for next Christmas should start in January. How to decide what you can afford to save. Advice on how to save.

Your car expenses are included in your IVA living expenses budget. Creditors can be flexible about what you spend. Expenses must not be unreasonable.

If your finances improve during a DRO Debt Relief Order it could fail. What happens if disposable income goes above £50? What income is included in a DRO?

Accepted living expenses allowances should be used when negotiating a debt repayment plan. What expenses are reasonable? What if you need to spend more?

If you are self employed you are personally liable for any business debts. Options for solving a debt problem if you run your own business.

A mortgage shortfall is written off in Bankruptcy. What are the other options. Is it sensible to go bankrupt? Can Bankruptcy help after voluntary repossession?

Why is saving important? How to make saving a habit. Should you pay off your debt first before you start to save?