Keith White, Author
Experienced DC with 30 years helping others.
Articles by Keith White
Debt Management Plan advantages
1. It's a private agreementA Debt Management Plan is not a formal insolvency procedure. As such your name is not included on any formal register. No-one will find o...
· Debt free in 5 years (occasionally IVA’s last longer but 5 years is the norm). ·  ...
IVA’s – too good to be true?
That is the reaction of some people on hearing that no further interest will be added, significant amount of debt will be written off and they be legally protected from...
IVA’s – too risky to be considered?
We often on this site extol the virtues of IVA’s. They do indeed work as a great debt solution for many people. But not for everyone! And if you find yours...
IVA’s – too severe to consider?
For some, an IVA is just too scary to contemplate. It’s a big step of admitting that we can’t manage our debts any longer and we need help. And handing o...
IVA’s – too much work to set up
Strangely for some, the prospects of gathering all necessary documentation necessary for an IVA can prove a task too far. Some find it difficult to track down their...
Debt Solutions - IVA
An Individual Voluntary Arrangement (IVA) is a formal and legally binding arrangement between you and your creditors to pay back what you can of your debts over a period of time. I...
Debt Solutions - Debt Management Plan (DMP)
A DMP is an informal agreement between you and your creditors for paying back your non-priority debts. Non-priority debts are things like credit cards,...
Debt Solutions - Debt Relief Order
A Debt Relief Order (DRO) is one way to deal with your debts if you: owe £20,000 or lessdon’t own your own homedon’t have other assets or things of...
Debt Solutions - Bankruptcy
Bankruptcy is a form of insolvency and is normally only suitable if you can’t pay back your debts in a reasonable time. Assets you own, such as your house or car...