Latest Articles

You are allowed reasonable living expenses if your start a DMP. How to create your budget. What are realistic figures? Will your creditors agree? Can you save?

In the Budget this week, the government launched a new loan scheme designed to help first time home buyers get a foot on the housing ladder. We review whether the scheme will help those people who have a poor credit rating.

New legislature means debtors will be given £10 a month to spend for three years. But critics say this serves only to extend their misery

What expenses can you include for your children if you start a DMP? What if they are no longer at school? What if your creditors reject you expenses budget?

It is possible to keep a joint bank account if you start a Debt Management Plan. What if you have other debts with the bank? Who is liable for any overdraft?

Debt can become statute barred if you do not pay it for 6 years. Can creditors prevent debt becoming statute barred? Is it possible to hide from creditors?

If you have recently started an IVA you may receive a letter suggesting that it might not have been the best solution for you and that you have not been given all the facts. We consider what this means and the action you should take.

Official figures underestimate the true number of people struggling with debt. Number using debt management remains hidden. Insolvencies predicted to rise.

An all time high of 135,089 people were declared insolvent in England and Wales in 2010 figures have showed today.