Latest Articles

How is a windfall treated in an IVA? Can you keep any of the windfall? Exceptions where an IVA is settled early. The benefits if you settle your IVA.

Is it possible to move house in an IVA? Moving to a new rented property. Can you sell your house and buy a new one? Could you buy your first home?

What happens if you get a redundancy payment in an IVA. Is it possible settle an IVA early? Could you hide the funds? Using an IVA if facing redundancy

How a Debt Management Plan (DMP) works. Main differences to formal solutions. What situations are best suited with a DMP. How does a DMP effect my home.

Is your home at risk if you have equity and go bankrupt? What if the amount is small? What if the total equity is large? What if house prices change?

If you rent should you go Bankrupt or start an IVA to manage your debts? How will Bankruptcy affect you and your credit rating? How long will it last?

Can you stop your Debt Management Plan if it is not working? How easy is it to change to an IVA? What are the advantages and disadvantages of the IVA?

Joint debts when going bankrupt. Is my partner effected? What happens to my joint mortgage and the equity in my home? What options does my partner have?

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?