• Welcome to PayPlan’s debt advice blog!

    The Living Room is a vibrant social space to chat, share tips and pick up new ideas to live well on a budget. From free things to do with your kids this weekend to a big meal on a small budget, we’ll be sharing all of our ideas with you. And most importantly – we want you to share your top tips with us!

    So, what are you waiting for? Come in, make yourself comfortable, grab yourself a cuppa and get involved in the Living Room.

  • Client story – Kelly

    Client story – Kelly

    Written by PayPlan

    How much debt were you in when you asked PayPlan for help? We thought it was a lot less, however PayPlan helped to check our individual credit files and find all the outstanding debt totals. With me and my husband,…

  • Five steps to helping self-employed clients with debt advice

    Written by PayPlan

    With the number of self-employed individuals at record levels, Nick Payne, Insolvency Practitioner at free debt advice provider PayPlan Bespoke Solutions Limited, explains how self-employed clients need a tailored approach. The BBC has reported that the number of self-employed workers…

  • How often can someone file for bankruptcy?

    Written by Will Lyon

    Bankruptcy is a solution people turn to when looking to discharge their debts. It usually lasts for a year, depending on the specifics of the case. Bankruptcy laws dictate that an individual can file an infinite amount of times. Having…

  • Can I claim PPI if on a Debt Management Plan?

    Written by Will Lyon

    Are you in a Debt Management Plan? Do you feel as though at some point you’ve been missold Payment Protection Insurance (PPI)? The good news is that yes – you can reclaim PPI on a DMP. Regardless of what claims…

  • Client Story – Amy

    Written by PayPlan

    How much debt were you in when you asked PayPlan for help? When I initially called PayPlan to see if they could help me, I was in around £15,000 worth of debt. I said to the person on the phone…

  • Top 5 Tips to Save Energy at Home

    Written by Will Lyon

    According to the UK’s energy regulator, the average household spent around £1123 a year on both gas & electricity in 2017(most recent estimate). In addition, energy bills are likely to rise by more than £100 for 15m households. Coupled with…

  • Can I change from a DMP to an IVA?

    Written by Will Lyon

    A Debt Management Plan (DMP for short) is an agreement between you and your creditors to repay your unsecured debt in manageable monthly instalments. Because a DMP is an informal arrangement, you are not lawfully obliged to remain within it…

  • How to respond to a debt collection letter?

    Written by Will Lyon

    A debt collection letter is arguably the most common form of contact used by creditors to remind you of an unpaid debt. You may find that if you’ve missed multiple payments, these letters start to pile up. A debt collection…

  • What is a warrant of control?

    Written by Sam Critten

    If a creditor successfully has a County Court Judgment (CCJ) awarded against you and you don’t pay it, then a creditor may apply to court for a Warrant of Control. Put simply, this is a legal document that allows bailiffs…

  • How to manage debt stress

    Written by Sam Critten

    Feeling anxious about debt? You’re not alone. One in two adults in debt in the UK has a mental health problem, and one in four people who’ve got mental health problems are also currently in debt.* Whether it’s credit card…

  • Does bankruptcy affect your employment?

    Written by Sam Critten

    Bankruptcy is a debt solution that’s often only considered as a last resort. Once you’ve declared bankruptcy, a trustee will sell your assets in order to repay as much of your debt as possible. After this is over the remainder…

  • What powers do debt collection agencies have?

    Written by Tom James

    You will probably have heard of debt collection agencies, but who are they and what can they do? What is a debt collection agency? A debt collection agency, also known as a debt collector, works on behalf of your creditors…

  • Are debts shared in divorce?

    Written by Will Lyon

    Going through divorce isn’t easy. Along with all the emotional stress, you’ll have to deal with splitting up your assets in a reasonable manner and arranging how your debts are divided up, which is easier said than done. However, if…

  • Dealing with official receiver after bankruptcy

    Written by Tom James

    Being declared bankrupt can be a daunting experience. If you know how to work with the Official Receiver however, you may find the experience a lot easier. Find out more about what the Official Receiver does and how you should…

  • Can creditors refuse a Debt Management Plan?

    Written by Tom James

    You may be in debt and have found that a Debt Management Plan (DMP) is a suitable way of repaying the money you owe to creditors in smaller installments. However, can creditors turn you away if you’re looking to apply…

  • Debt management plan moving abroad

    Written by Tom James

    If you have recently moved abroad but still have outstanding debts held in the UK, you’ll need to know what this means for you. Moving overseas doesn’t mean the debt will go away but you may be able to deal…

  • How do I complain about a debt collection agency?

    Written by Tom James

    If you have found yourself in debt and are struggling to pay back the money you owe to your creditors, you may be approached by a debt collection agency. The agency will work on behalf of your creditor to try…

  • Can you file bankruptcy yourself?

    Written by Tom James

    Bankruptcy is a debt solution that should never be taken lightly, and should only be undertaken following professional advice. However, sometimes it can be taken out of your control. We’re here to tell you what it is and how you…

  • What is debt management?

    Written by Will Lyon

    Debt management is any plan put in place to help somebody in debt repay the money they owe to their creditors. Consequences of missing certain payments can be more severe than others. In some cases, you could be made bankrupt…