Latest Articles

New Payday Loan if Bankrupt

Are you allowed to get a Payday loan while Bankrupt? Is it a good idea? Can the new loan be added to your Bankruptcy? How to avoid borrowing while Bankrupt.

The affect of PPI on the length of an IVA

Will PPI claims reduce the length of an IVA? Could claims extend the length? Do you have to make PPI claims during an IVA? Claiming after IVA completed.

Personal debt problems during 2014 are lowest for 10 years

Why did the number of people with debt problems fall in 2014? Despite this IVA numbers increased to record levels – Why? Will the overall trend continue?

Reasonable Housekeeping Budget for Debt Management

Housekeeping budget guidelines for a Debt Management Plan. What if you spend more than the recommended amounts. Can you include children over 18?

Can I claim for PPI mis-selling if I am Bankrupt?

Claiming for mis sold PPI during or after Bankruptcy. Can you keep a compensation payment awarded? Can you claim against a debt not included in Bankruptcy?

I am still waiting for my IVA Completion Certificate

How long should you have to wait before you get your IVA Completion Certificate? Have you been given an invalid reason for the delay? What can you do?

Telling my Partner about a Debt Management Plan

Do you have to tell your Partner about a DMP? Do you have to tell creditors about a Partner’s income? What if you have joint debts? Could your partner find out?

I am in an IVA but my IVA company is refusing to add a new debt

Are there alternatives to adding a new debt to an IVA? Can new debt be repaid alongside an IVA? Is a payment break possible? Can I let my IVA fail and restart?

The affect of a DMP if you live in a rented home

How will a Debt Management Plan affect your home if you are renting? How will your landlord react? Can you rent a different property? Is it the best solution?