Am I in a DMP or an IVA?

Time and time again I come across people in a particular plan, who are under the assumption that they are in a completely different plan. In my experience this is down to either miscommunication or misunderstanding.

Dawn’s Story

Here is the story of Dawn, she has now finished her DMP and is debt free! Congratulations.

Over 65 and still working!

It was recently suggested that a third of people over the age of 65 years head into retirement with debts of around £25,000 according to The Guardian.

Too cool for school?

It is that time of year again as we pack the children back off to school. On one hand we are relieved to have a bit of peace and quiet and a bit of normality back, but on the other…

Payday Loans – Good or Bad?

There always seems to be a large amount of controversy surrounding Payday Loans. With high interest rates, quick repayment time and easy availability, Payday Loans can often be the downfall of many people in debt.

Debt: Perception versus Reality

The aim of the survey was for us to gage what people’s perceptions of debt are. It is usually the case that people’s perceptions are a lot different to the reality, this survey turned out to show exactly that.

A Clients Story: Kevin

It started a few years ago. Our bank accounts were being maxed out and to pay our bills we had to use our credit cards.

Mortgages & Remortgages

Buying a home and getting a mortgage is a huge financial commitment whether you are a first time buyer or whether this is your second or third home.

Dealing with depression and debt

It was recently suggested by the BBC that over the last four years prescriptions for anti-depressants have risen by over 40% due to people struggling with debt and with job worries fuelled by our current economic problems.

Your Credit Report…

Your credit report can help decide whether you are given credit or not and holds all the information a creditor needs to make that decision.

What is a Full & Final IVA

Important Update (June 2025):This blog was originally published in 2019. Since then, there have been important updates to IVA (Individual Voluntary Arrangement) protocols and guidance. While much of the information below may still be useful, some details may now be…

Weekly Debt Question

Can a bailiff force entry into my property?

Weekly Debt Question

I am already in debt; I might as well take out more credit.

Weekly Debt Question

If I ignore my debts, they will go away?

What is a Trust Deed?

A Trust Deed is a voluntary, legally binding agreement between you and your creditors and deals with only unsecured debts.

Bailiffs – who are they?

A bailiff is someone who is employed by the courts to take your possessions in order to sell them and give the money to your creditor to pay back the debt that you owe them. The court would only send…

Court Action – Charging Orders

A Charging Order is where an unsecured creditor secures the amount owing to them on your property. This is done through the courts, just like with a CCJ.