Keith White, Author
Experienced DC with 30 years helping others.
Articles by Keith White
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...
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 paperwor...
The average household is £13,000 in debt (excluding mortgages). The average credit card debt is £2504 according to the Money Charity (March 2017). If we’re fortunate enou...
The creditors’ meeting
Once the groundwork has been done and the Insolvency Practitioner is satisfied that details are correct regarding a debtor’s income, outgoings, assets and debts and an un...
How much does an IVA cost?
There are always fees involved in an IVA. The Insolvency Practitioner is a professional who needs to be paid. Time and expertise are required in ascertaining the facts of an...
Except for the very few, we all need a bank account. And for many entering an IVA, they owe their own bank. Either an overdraft, a loan or a credit card (or all three!). In such cases the...
Full and Final IVA's
IVA's are normally considered to be fixed in length (usually 5 years) and based on affordable monthly payments. But there is a different sort of IVA that is based on a lump sum off...
IVA's 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...
IVA's 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...
Single or Joint IVA's?
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 co-habiting...