I just read the Individual Voluntary Arrangement article on Wikipedia and I must say I am really angry. Despite the article containing a lot of facts about IVAs it is missing information under the IVA fees section. As I have explained a dozen times including emphasizing in this article: go directly to an Insolvency Practitioner [...]

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Some Debt collection agencies and debt collection companies use lies and other deceitful practices to pressure you in debt collections. These practices are unacceptable and often illegal. It is a good idea to be aware of them: For example they will try to pressure you into selling property or borrowing money in order to pay [...]

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The role of  MABS The Money Advice and Budgeting Service’s role is to provide free, independent and non-judgemental advice and help to people who have a debt or money management problem. Money Advice The service evaluates the client’s debt problem and helps the client to decide the best way to deal with it. The service [...]

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In the provision of debt or  money advice, there are three client specific issues that I would like to highlight as important. The first concerns prioritizing advice, the second is the importance of meeting the client’s needs and the third is managing the client’s expectations. Prioritize the Most Indebted and Most Vulnerable The service needs [...]

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