Latest Articles

Remortgage to pay off IVA Early

Can you remortgage to pay off an IVA early? How much do you need to raise? Is there sufficient equity in your property? What will your new mortgage cost?

Company Director and IVA

Can you do an IVA if you are a company director? What happens to company debts? How will your company be affected? Alternative debt solutions for directors.

Stop your DMP and Start an IVA

Should you stop your DMP and start an IVA? Will your debts be paid faster? Will your monthly payment change? What happens to your home and credit rating?

Company Director and Bankruptcy

Can a company director go bankrupt? Are the company credit facilities affected? What if the company also has debt? Run your business as a sole trader.

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?

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?

Can I be Responsible for Someone Else’s Debt?

Are you responsible for a spouse or partner’s debt? What if they use debt management? The impact on joint homeowners. Joint debt and personal guarantees.

Tax Credits Overpayments and an IVA

Can tax credits overpayments be included in an IVA? Will HMRC accept the proposal? What if the overpayments are in joint names? Is an IVA the best solution for tax credits overpayments?