Latest Articles

The Minimum Payment for an IVA

What is the minimum payment for an IVA? How is your payment calculated? Can the amount you are paying ever go up? What happens if you get a windfall?

What happens if I am made redundant in an IVA

Options if you are made redundant during an IVA? Can it be settled early? What if you don’t get redundancy pay? What if a partner loses their job?

I Live Abroad – Can I do a Debt Management Plan?

Can you start a Debt Management Plan if you live abroad. Can you get help to set up the Plan? The affect on your local credit rating. Is using a DMP better than ignoring the debt?

Can a Guarantor Loan be Included in an IVA?

Guarantor loans must be included in an IVA. Will the guarantor still have to pay the debt? Think twice before getting a guarantor loan.

Receiving a windfall during Bankruptcy

Can I keep a windfall received while I am bankrupt? Will it mean the bankruptcy ends early? What if I get a windfall after bankruptcy

Do I have to include debt to family in Bankruptcy

Can you still pay back debt owed to family if you go bankrupt? Should you pay them off before hand? Are you still allowed to pay them after your bankruptcy is over? Can family debt be included in bankruptcy?

My Partner and an IVA

Does your partner have to pay your debts if you start an IVA? How is joint property affected? What of you have joint debts? Can you still pay your partner’s debts?