Latest Articles

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Advantages of an IVA

·         Debt free in 5 years (occasionally IVA’s last longer but 5 years is the norm). ·     ... Read more
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What is an IVA?

IVA stands for an Individual Voluntary Arrangement. It’s a potential solution for people struggling with personal, unsecured debt. An IVA is a formal insolvency solution where deb... Read more
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IVA life stories - Choosing an IVA was a bad decision – Graeme’s story

Graeme did all the right things with regard to his debt. He researched options. He spoke to 3 different companies and didn&rsq... Read more
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IVA life stories - Refused a joint IVA – David & Sarah’s story (with a happy ending)

David and Sarah have been married for 5 years and during this time each had accumulated debt. Apart from their j... Read more
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IVA case studies - Admitting there was a problem – Brian’s story

Looking back, Brian was unsure why he had been so reluctant to admit there was a problem with debt. All debts were paid on time, and... Read more
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IVA case studies - A Full and Final IVA – Jane’s story

Jane explained that she had been struggling with debt since her late teenage years over 10 years ago. Overspending when she first was offered... Read more
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HOW TO SURVIVE AN IVA - A QUESTION OF SUPPORT

One of the moving stories in the book we recently published rgarded support during an IVA. The writer described the key role of friends in supporting and e... Read more
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HOW TO SURVIVE AN IVA - LIGHT AT THE END OF THE TUNNEL

Over and agin those in an IVA testify that there "is light at the end of the tunnel".  Many who enter an IVA have lived a long time in a stat... Read more
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HOW TO SURVIVE DURING AN IVA - WHAT IF MY IVA FAILS?

A surprisingly large number of IVA’s do fail before completion. Sometimes this is the fault of the debtor. They failed to disclose vital info... Read more
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HOW TO SURVIVE DURING AN IVA - CASH IS KING

Credit can be very seductive. Advertisers have made a fortune on the back of the buy now, pay later rhetoric. Interest free credit, 0% balance transfers, ca... Read more
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HOW TO SURVIVE AN IVA - GETTING THE RIGHT PERPECTIVE

The trials and tribulations of life in an IVA need to be set against a context of life before the IVA began. Many of our contributors have been hone... Read more
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HOW TO SURVIVE AN IVA - RELATING TO THE IVA COMPANY

The stories highlighted in this book have been largely unedited save for a few typo’s and grammatical errors. Stories have not been left out be... Read more
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HOW TO SURVIVE DURING AN IVA - MINIMISING OUTGOINGS

One of the common themes of the stories from those who have undertaken an IVA is the need to live within a stricter budget. This involves care in whe... Read more
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HOW TO SURVIVE DURING AN IVA - MAXIMISING INCOME

To be honest, it’s difficult to increase income during an IVA without it affecting the IVA payment level. This payment level is based on affordab... Read more
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HOW TO SURVIVE LIFE AFTER AN IVA - Saving money

One of the main reasons people get into debt in the first place is that we have no emergency fund. When something essential goes wrong (boiler, car nece... Read more
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HOW TO SURVIVE LIFE AFTER AN IVA - Further debt problems

Despite the many the many success stories – lessons learned, vows of no further credit, rebuilt credit files and mortgage applications acc... Read more
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HOW TO SURVIVE LIFE AFTER AN IVA

Money management should be an essential part of our school curriculum. Thrust out into the world with its bewildering choices and endless opportunities, we need some pr... Read more
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HOW TO SURVIVE LIFE AFTER AN IVA - Money Matters

The American millionaire Rockefeller was once asked “how much money does it take to make someone really happy”.  “Just a little b... Read more
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IVA life stories - variation meetings worked for us - Omar’s story

About 7 years ago we got into a bit of financial trouble and every month we were struggling to make ends meet with hardly any money... Read more
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IVA life stories - from joint DMP to single IVA - John’s story

I found myself getting deeper into debt in 2010. I was in a relationship and my partner at the time just loved spending money that we ha... Read more
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IVA life stories - dealing with overtime money - Lucy & Mike’s story

My husband & I decided upon an IVA after accruing a lot of unmanageable debt in our 20’s. After starting a family we fou... Read more
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IVA life stories - coping with the annual review - Amanda’s story

I ended up considering an IVA option after several redundancies and 2 long term relationship failures all combined within 5 years. Mo... Read more
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IVA life stories - proud to be debt free - Amit's story

 I am sharing here my personal experience and hopefully it will be helpful for quite a few people.   In the year 2010 I ended up in h... Read more
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IVA life stories - overcoming my pride - Christopher's story

My story began several years ago when my wife had to give up work with a serious back complaint, at that time I had one son in university an... Read more
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IVA life stories - I was a guarantor for someone else - Darren's story

My story starts approximately 8 years ago, summer 2009. Like most people I had debts such as credit cards, loans and overdrafts bu... Read more
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IVA life stories - just one tip - make the call - Karen's story

My previous long term partner was a successful businessman and during the financial crash was left unemployed. During the years that foll... Read more
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IVA life stories - my best decision - Rob’s story

My difficulties began when I split from my wife in 2009. We had 1 child between us and 2 that older kids that were from her previous relationship.... Read more
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IVA life stories - too many debts – Christine’s story

We found ourselves with too many debts and not enough money to cover the monthly payments.   Even the credit card minimum payments we... Read more
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IVA life stories - coping on my own - Orla’s story

My ex-husband and I found ourselves in a lot of debt since purchasing our first home, then our next home.  The second home was a mortgage that... Read more
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IVA life stories - I wanted to repay what I could - Roz’s story

Life can throw all sorts of situations your way. I was in a well-paying job, had just taken out a new mortgage, had a car on finance,... Read more