Search the debt news archive...

 

Bankruptcy figures fall in 2011 but have debt problems really reduced?

Date: 03 February 2012, Author: James Falla

Headline figures show personal insolvencies in the UK have fallen by 11.3% between in 2011 compared to 2010. However has the number of people struggling with debts in the UK really fallen?

Is the cost of bankruptcy forcing people into debt management plans?

Date: 03 February 2012, Author: James Falla

Even though the overall number of people declaring themselves insolvent has fallen between 2010 and 2011, it seems that the reason for this is that many are being forced to seek alternative informal debt management solutions because of the prohibitive cost of bankruptcy.

Are IVA payments fixed?

Date: 02 February 2012, Author: James Falla

If you start an IVA, we ask whether your monthly payments will remain fixed or whether they could change for any reason.

Can I include an HP debt in an IVA?

Date: 01 February 2012, Author: James Falla

We consider whether you can include hire purchase debts in an individual voluntary arrangement.