Latest Articles

Can I do an IVA if I am a pensioner

Can I do an IVA if I am a pensioner. Am I too old. Is there a maximum age. Can i be forced to release funds from my pension.

What happens to my utility bills in an IVA

Will the gas or electricity be cut off. What about arrears on our utility bills in an IVA. Are we allowed a mobile phone contract.

Options if your Debt Management Company has closed

If your Debt Management Company has closed what happens to the money you paid to them? Do you still have to pay your debts? Should you start a new Plan?

Can you afford to pay an IVA

Can you afford to pay the required IVA payments? Can you sustain these payments for the duration of the plan?

Personal Guarantee – Options after your company is closed

What is a personal guarantee? When do you become personally liable for this debt? Options for dealing with personal guarantees after business failure.

Utility bills and Bankruptcy

How do you pay utility bills if you go bankrupt? Are utility bill arrears written off? Can you keep paying your mobile phone? What about car insurance?

Car finance and an IVA

Can you keep paying car finance during an IVA? Could you include the debt in the Arrangement? Getting car finance during an IVA. Other forms of finance?

IVA Annual Review

What is an IVA Annual Review. What information will I have to provide. What if I earned more or expenses have fallen. What if I cannot afford my payment.

Go Bankrupt if Living with Parents

Do your parents have to pay your debt if you go bankrupt? Is their credit rating affected? What living expenses are you allowed? Can you move out of home after you go bankrupt?