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News and tips on tackling debt, living on a debt plan and other debt matters

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Can I go to prison for not paying debts?

Posted 28 October 2016 by Emily Bancroft

Don’t worry that you’ll be sent to ‘debtors’ prison’ – this can’t happen for the majority of debts.

Bill proposed to give people in debt more breathing space

Posted 21 October 2016 by Christine Walsh

New Bill hopes to give people struggling with debt a years’ breathing space.

Is an IVA the same as a Debt Management Plan?

Posted 20 October 2016 by Christine Walsh

Learn the difference between an IVA and a Debt Management Plan.

How to apply for a DRO

Posted 18 October 2016 by Christine Walsh

Learn about the application process for a Debt Relief Order.

IVA or bankruptcy: Which is better?

Posted 17 October 2016 by Emily Bancroft

We take a look at the pros and cons of IVAs and bankruptcy.

What’s a joint income and expenditure statement?

Posted 12 October 2016 by Christine Walsh

Learn what a joint income and expenditure form is and how it could help you deal with your debts.

To find out more about managing your money and getting free debt advice, visit Money Advice Service, an independent service set up to help people manage their money.