Bankruptcy Assistance
Service
Latest Articles
Avoid getting into debt over Christmas start saving now
Saving for next Christmas should start in January. How to decide what you can afford to save. Advice on how to save.
Are my car expenses too high to start an IVA?
Your car expenses are included in your IVA living expenses budget. Creditors can be flexible about what you spend. Expenses must not be unreasonable.
What happens in a Debt Relief Order if my finances improve?
If your finances improve during a DRO Debt Relief Order it could fail. What happens if disposable income goes above £50? What income is included in a DRO?
What are the acceptable living expenses with a debt problem
Accepted living expenses allowances should be used when negotiating a debt repayment plan. What expenses are reasonable? What if you need to spend more?
My self employed business is in trouble, what can I do?
If you are self employed you are personally liable for any business debts. Options for solving a debt problem if you run your own business.
Can I go Bankrupt and write off debt after repossession?
A mortgage shortfall is written off in Bankruptcy. What are the other options. Is it sensible to go bankrupt? Can Bankruptcy help after voluntary repossession?
Make saving a habit in the new year
Why is saving important? How to make saving a habit. Should you pay off your debt first before you start to save?
Keep out of debt – give yourself a financial makeover
How to improve your finances. Understanding your current financial position. Tips on when and how to save. What if you are struggling to pay debts?
I can not pay my mortgage how can I avoid repossession
Can you avoid repossession by cutting back your living expenses? How to avoid repossession by reducing your unsecured debt payments.