Monthly Archives: April 2012

Can an IVA help if mortgage rates go up?

An IVA can help with rising mortgage rates. How will an IVA help pay your mortgage payments? What is the risk to your property?

Can I start a DMP if I receive pension payments?

You can start a Debt Management Plan if you receive a pension. Will a DMP affect pension your fund? What if pension payments reduce during the Plan?

Go Bankrupt if Unemployed

Can you go bankrupt if you are unemployed? Will you have to pay towards your debt? The cost of Bankruptcy if unemployed. What if you get a job?

Can I do an IVA if equity in my house is more than my debt

You can start an IVA if the equity in your property is greater than your debt. Why will creditors accept? Could you ever be forced to sell your home?

If my circumstances change will my IVA be extended?

How a change of circumstances will affect an Individual Voluntary Arrangement. When could an IVA be extended? Will it be reduced if you pay more?

Borrow more in a Debt Management Plan

Is it possible to borrow during a DMP? Getting a mobile phone or car loan. Could you get a cash loan? Can you remortgage during your Plan?

When Interest Rates increase what can I do?

What to do when mortgage rates and payments start to rise. Actions to avoid putting your property at risk if you are struggling to pay your mortgage.

Can I go Bankrupt if I am in an IVA

What can you do if your ability to pay your IVA changes? Should you go Bankrupt if you are no longer able or willing to pay? What of you own your home?