Latest Articles

What to do if there are Bailiffs at the door

When could you get bailiffs at the door? What to do if you have bailiffs at the door. What happens if a bailiff does get into your property?

Are unrealistic IVAs pushing people into Bankruptcy

Are people starting IVAs that they cannot afford to pay? What happens if you cannot afford your IVA payments? Is bankruptcy and option if your IVA fails?

How to become Debt Free

Ways to become debt free. Understanding your budget and living expenses. Managing your budget. How to make savings. Use a Debt Management solution.

Debt Forgiveness – is it possible to write off my debts?

Is debt forgiveness possible. Will your creditors agree to write off debt for you? Which debt solutions help you write off debt?

If I receive benefits is it possible to start a DMP

It is possible to use a DMP if you are on benefits. How does a DMP work? Will it extend your repayment period? What if you cannot afford to pay anything?

Number of people declaring themselves Bankrupt falls 27%

27% less people have gone Bankrupt in Q2 2012 than the same quarter in 2011. Is cost the reason? Overall figures of debt problems remain stable.

What is treated as an asset if I go Bankrupt?

Your assets will normally be safe if you go Bankrupt. Can you keep your car? Is your house always at risk? What happens to work tools?

Getting a mortgage after Debt Management

If you are keen to buy a new home after you have resolved a debt problem with debt management, saving for a good deposit is just as important as a good credit rating.

I am starting an IVA do I have to tell my partner?

Can you hide an IVA from your partner? Will you have to declare their income? What if you jointly own a property? Is it best to tell them?