What Should I Look for in an IVA Agreement If you have ever wanted to know some of the stuff that goes on in the background with regards to an Individual Voluntary Arrangement (IVA), then this document is worth having … Continue reading →
Pros and Cons of an IVA An IVA, or Individual Voluntary Arrangement, is a legally binding agreement between an individual and their creditors to pay off debts over a set period of time. Here are some advantages and disadvantages of … Continue reading →
My Full and Final Settlement Offer Has Been Rejected Do not despair, a full and final settlement can be a rather slow process. In many cases a creditor or a debt collection agency (DCA) may want to hold out for … Continue reading →
Individual Voluntary Arrangement (IVA) Failures or Terminations OK, I will admit that I am not an expert on statistics, but it would seem to me that in the graph shown below, the IVA failure rate is rather high. I would … Continue reading →
Consider Solving You Debt Problem with a 2 Step Approach The biggest problem with debt is the constant calls and letter from creditors, which forces you into making a hasty and possibly financially dangerous decision of choosing the wrong debt … Continue reading →
How to Achieve a Substantial Full and Final Settlement There are a number of things that you need to consider when trying to achieve a large discount in a Full and Final Settlement. In simple terms, the dirtier a debt … Continue reading →
I was idly reading through my Wessex Water bill, when I spotted the following sentence, Can I save money on my bill with a soakaway? Of course I am always looking for information to pass on, so that you can … Continue reading →
Full and Final Settlement Achieved with Barclaycard Below you will see the letter received from Barclaycard where they are accepting a payment £1,400 of as a full and final settlement for a debt of £3,180. Yet another example of how … Continue reading →
Here is another example of a full and final settlement that has been achieved. In this particular case this is an old Lloyds Banking Group debt that was eventually sold on to CapQuest. The outstanding balance of £9,159 was settled … Continue reading →
Can an Eviction Be Stopped The short answer is yes, on this site there are a number of examples where evictions have been stopped. Being in debt can put you under so much pressure, you just want to hide and … Continue reading →
Obviously you will want to pay as little as possible, but there are some things that you may need to know about. Age of a Debt in a Full and Final Settlement Matters The older the debt is, the more … Continue reading →
Owning a house is a dream that everyone shares. Unfortunately, not everyone can live the dream for various reasons, including financial constraints. If you want to buy a house but are hesitating because you might not be able to afford … Continue reading →
My Property and Bankruptcy In this post I will give you a brief outline of what it means to go bankrupt and how is will affect your home. If you do go bankrupt, then every asset you have will have … Continue reading →
The Coronavirus has adversely affected the global economy by halting and delaying operations in different sectors, including the construction industry. The pandemic has also disrupted projects commencement and completion dates due to the effects of lockdown and slowing production levels. … Continue reading →
Money Saving Tips to Help Your Income If you’re finding it hard to keep money, but easy to spend it, it would seem that you’re not alone. More than half of 22-29-year olds have no savings at all, and the … Continue reading →
