Latest Articles

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IVA life stories - my wife hid our debts - Mick's story

My story starts back in 2008, when I opened a letter from a Credit card firm, stating that I and my wife had defaulted on the card – and th... Read more
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IVA life stories - fear and hope - Elizabeth's story

I was living each day and trying to keep up with bills, food and expenses working to try make ends meet. The credit card took the pressure off most... Read more
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IVA life stories - regaining control - Belle’s story

I didn’t really have much of an idea about what an IVA was. I’d seen it mentioned in the same sentences as things such as bankruptcy a... Read more
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IVA life stories - almost there – Natalie’s story

We were only 18 when we got our first mortgage my husband lost his job a few years later and we started to live off credits cards and loans and did... Read more
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IVA life stories - further lessons on budgeting – Terri & Tom’s story

We entered into an IVA due to unmanageable credit card debt and overdrafts. Paying the minimum monthly payments was pushing ou... Read more
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IVA life stories - re-evaluating our outgoings - Lukas’s story

My family and I were struggling due to unfortunate life circumstances. I had a stable job, whilst my wife stayed at home with my son. U... Read more
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When enough is enough - Dane’s story

After years of struggling to pay bills and debts, my wife and I finally decided enough was enough and needed to seek help. My wife's anxiety was at an all-time hi... Read more
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Coping without credit - Tanya’s story

My IVA journey started when I moved to a new house which needed work doing to it. I employed a family friend to carry out the work, unfortunately he took all the... Read more
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An IVA on pension credits - Carol’s story

Over the years my husband and I had several debts, which we were managing as we were both working. Fast forward a couple of years. We moved house, I f... Read more
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I almost messed up my IVA - Sonia’s story

After my car died I was left with no choice but to get out a short term bank loan for £3000.00. Once I had been accepted I naively thought about how... Read more
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Surviving an IVA - a personal account

My previous long term partner was a successful businessman and during the financial crash was left unemployed. During the years that followed I supported him finan... Read more
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Surviving an IVA - a personal account

  Anxiety, embarrassment and fear – those were the three words that consumed me as I saw my finance situation spiral out of control through no making o... Read more
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Surviving an IVA - a personal account

Unfortunately when I was with my husband we ran up a lot of debt due to his overspending and most of the debts were in my name due to his poor credit history. ... Read more
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Surviving an IVA - a personal account

    There were many different reasons for my need for an IVA.  Change of job and relocation were two of the big ones.  Miscalculation of my f... Read more
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IVAs and Car Finance

The number of cars on finance has rapidly increased in the past few years. PCP is now by far and away the largest method of such deals. It allows us to effectively rent a reliable... Read more
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IVAs and the Self-Employed

The self-employed are not immune from debt problems. In fact given the erratic nature of their income, often cash flow problems emerge – bills need paying on time, but... Read more
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Single or Joint IVA

Of necessity, an IVA is a single debt solution. The letter “I” in IVA stands for Individual. However when it can be demonstrated that a couple (married or cohabiting) bo... Read more
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IVA’s and Homeowners

For homeowners, an IVA may well be a much better option than bankruptcy. In bankruptcy the house is at risk – the debtor may have to come up with a lump sum representing... 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 - Looking towards a mortgage

One of the motivations for some people starting an IVA, is to deal with their debt, improve their credit rating and finally make a start o... Read more
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HOW TO SURVIVE LIFE AFTER AN IVA - Rebuilding a credit rating

For many, once the IVA is successfully completed they vow never to touch credit again. They speak of lessons learned and look back on the d... Read more
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HOW TO SURVIVE LIFE AFTER AN IVA - Receiving the completion certificate

Once we have made our final payment into the IVA, it will be up to the Insolvency Practitioner to complete the IVA paperwork. The... Read more
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Surviving an IVA - part 4 - Finding support

Debt can be a very lonely place to be and for some can even involve keeping the debt from their partner/spouse. Our shoulders are only so broad to cope with... Read more
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Surviving an IVA part 3 - 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, cars we... Read more
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Relating to our IVA Company

IVA Companies make mistakes, and people that supervise our case can vary in their availability, empathy and support. I came acriss two very different reviews - one highlight... Read more
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Surviving an IVA part 1

Let's be honest - life in an IVA can be tough. For some its a very abrupt change of lifestyle and for most there is that worry that the car or the boiler may pack in at any mome... Read more
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The cost of having a baby – Felicity’s story

The arrival of Hannah was meant to be one of the happiest events in Felicity and her partner’s lives. And indeed it was. However, Felicity on shar... Read more
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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 joint £500 ove... Read more
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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 because his outsta... Read more
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1. 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 credit led to pa... Read more