Latest Articles

What happens if a creditor rejects my IVA?

If a creditor rejects your IVA proposal can it still be put in place? How many creditors have to accept the Arrangement? What if your IVA is rejected?

Living expenses allowances increase for IVAs

Review of the 2010 increase to allowable IVA living expenses. Can you ever go over the allowable expenses?

James Falla joins Wilmott Turner

Wilmott Turner Financial Services Ltd, the personal debt solutions specialists are pleased to announce the appointment of new Managing Director James Falla.

Should I take a Consolidation Loan or do a DMP?

Is it best to get a consolidation loan or use debt management to resolve a debt problem? The issues with consolidation. When should you use debt management?

Can my Partners Debts be included in a DMP?

If you are considering a DMP you need to understand which debts can be included. We investigate what happens to debts which are not in your name.

My living expenses are too high for an IVA – what can I do

If you are struggling with debt but your living expenses are too high to do an IVA we consider the options open to you.

I want to do a debt management plan is an IVA better

Is a Debt Management Plan better than an IVA? Why use a DMP? Is an IVA ever better than debt management? Should you start DMP and then convert to IVA?

What happens if I get a tax bill while in an IVA

Can a new tax bill be added to an existing IVA? Is it sensible to start an IVA if you get a Tax Bill?

Scrapping child benefit at 16 could drive many into debt

Would the loss of child benefit increase debt problems? How can debt management help if you lose your child benefit?