Latest Debt Guides
What happens if my situation changes?
6th Dec 2011
“Unlike an IVA, a Dept Management Plan is an informal agreement and is therefore more flexible. You are not legally bound to a DMP, therefore if your situation changes, you can speak to the company…
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Other News:
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What household bill can be included in a debt management plan?
25th Nov 2011
“A debt repayment plan only covers unsecured debts and arrears, so your household costs including rent and utility bills will still have to be factored into your outgoings and not as part of your Debt…
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Will creditors accept lower repayments?
23rd Nov 2011
“Lower repayment rates are subject to creditor agreement. This means that the creditors you owe money to have the right to decide whether they accept your offer of lower repayment rates or not. In some…
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Are there other options to Bankruptcy?
21st Nov 2011
“If you’re struggling to cope with your debts, the best thing to do is to speak with a professional debt management company who will be able to explain the options available to you. A specialist…
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- Do I include my partner’s income in an IVA?
- What happens if you can’t afford to pay council tax?
- Handling debt problems if you lose your job
- What happens to UK debts if you move overseas
- What property can I keep on a debt relief order?
- What is a reasonable housekeeping budget on a Debt Management Plan
Baines and Ernst Ltd