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

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IVAs hit record high in the third quarter of 2017

Posted 01 November 2017 by Christine Walsh

New stats from the Insolvency Service show a rise in the number of IVAs over the third quarter of this year.

How to get debt free in a year

Posted 16 July 2017 by Christine Walsh

Bankruptcy and Debt Relief Orders both allow people to become debt free in a year. Read on to find out more.

Could you get debt free in a year with a DRO?

Posted 30 March 2017 by Christine Walsh

Are you looking at ways to clear your debts? If you meet the criteria, a Debt Relief Order can suspend your repayments and write your unsecured debts off.

What is my disposable income?

Posted 23 March 2017 by Christine Walsh

Your disposable income is the amount you have left to put towards your debts after all your other essential bills and expenses have been paid.

Debt solutions that provide debt write-off

Posted 13 March 2017 by Christine Walsh

Debt solutions that provide debt write-off and how they work.

Debt write-off – too good to be true?

Posted 08 February 2017 by Kyri Levendi

You may think the idea of all your debts being written off is too good to be true. In reality, it can be an option – find out more here.

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.