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

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The truth about bankruptcy

Posted 10 November 2017 by Christine Walsh

Why is bankruptcy such a scary word?

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 much of your debt could you write-off?

Posted 21 August 2017 by Christine Walsh

When it comes to writing debt off, there are a few options you can look at. In today’s blog, we look at how an IVA works and how much debt it can write off.

How does sequestration work?

Posted 22 May 2017 by Christine Walsh

Sequestration is one way to solve your debt problems, if you live in Scotland. But you need to make sure it’s the right solution for you first and that you’ve considered the alternatives.

What’s the IVA register?

Posted 21 March 2017 by Christine Walsh

IVAs are recorded on the Insolvency Register so that there is a public record of insolvencies which can be checked by creditors.

Can I get my debts written off with an IVA?

Posted 02 March 2017 by Christine Walsh

An IVA can write some debt off, but not all. Learn 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.