Report An Article

Can I Go Bankrupt If I Am in an IVA?
If you have started an individual voluntary arrangement (IVA) but are unable to maintain the agreed payments, bankruptcy could be an option to resolve your debt problem once and for all. An individual voluntary arrangement (IVA) is a legally binding ag......

What if you default on unsecured loans?
Loans are taken when personal finances fall short to fund necessary needs. Borrowing becomes an obvious choice at that time. But, one always needs to remember that loans are taken to be repaid. However, sometimes, unavoidable circumstances like job loss, ......

What Happens to My Credit Rating If I Do an IVA Or DMP?
Using an individual voluntary arrangement or debt management plan could be the best way to resolve your personal debt problem but be aware of how your credit rating will be affected. Your credit rating is the way that banks measure whether or not they ......

Can I Be Responsible For Someone Else's Debt?
With an estimated 20,000 new cases of debt repayment problems coming to light each month, should other family members be worried that they will be left responsible for unpaid debts? According to the Insolvency Service, over 10,000 people each month are......

Personal Bankruptcy in Manchester, England
Here are some basic facts to consider up front before making a declaration of bankruptcy in Manchester: - If you have any significant assets, or can make significant payment from your income, then you really should first consider the option of ......