RachelIkin

How Will An IVA Affect My House?

If you take out an IVA (Individual Voluntary Arrangement), you need to consider what will happen if you are a homeowner. If you are a homeowner then your property could be at risk. If however you are currently renting your home then your property will not... Read >

Can I get an IVA if I'm a Student?

There are no formal rules in place that stipulate that a student can not apply for and be accepted for an IVA. The formal requirement of an IVA (Individual Voluntary Arrangement) is that you can make regular repayments to the creditors, and continue to re... Read >

The difference between a debt colector and a bailiff

The difference between a debt collector and a bailiff is quite significant. When debtors receive threatening letters and phone calls, it can be very worrying for the person in debt as they do not always know what to expect. At times a bailiff or debt col... Read >

Brits Avoid Summer Holidays Due To Debts

With rising debt problems and the current recession taking its toll on Britain, people are avoiding their normal luxuries in order to prepare for the worst and to counteract any financial difficulty or debt worry that they are currently suffering. This y... Read >

Household Debt Causing People to Dip into Savings

According to recent research and the monthly Markit index, Britain’s household finances are deteriorating at their fastest rates since the recession was at its most volatile in 2009. There is new information which leads us to believe that consumers are ha... Read >

People should start saving for retirement asap to avoid debt

British people should start saving for retirement asap, advises Robin Ellison of Pinsent Masons Law Firm. According to Ellison people are living longer but they are not saving sufficiently for this extra lifetime. They aren’t making provisions for the ex... Read >

Males Are Less Likely To Seek Debt Help

Men are apparently less likely than women to seek debt help or debt advice. This is because men are “problem solvers" and like to find solutions to problems themselves, according to a recent study by the Money Advice Trust. Men who previously sought debt... Read >

Debt Collection Vs Debt Management

When going about their daily business, the employees at Release Money Group often remark on the number of people that are puzzled at the difference between debt collection and debt management. As a quick explanation to help to educate our customers, here... Read >

Bankruptcy is on the rise for the middle class

Bankruptcy and debt problems are at an all-time high for the middle class. Parents in particular are seeing a large increase in debt levels and insolvencies because of the high costs of raising children. The average cost of raising a child is £27.50 per ... Read >

Bankruptcy vs IVAs - Which Should You Choose?

When a person is in debt they often feel that there is nowhere to turn, many hear on the grapevine about IVAs and Debt Management Plans and even bankruptcy, but they do not understand which option is best for them. At Debt Release Direct, our job is to a... Read >

How To Settle an IVA

Many people in debt take out an IVA or individual voluntary arrangement in order to ease their financial situation by reducing their overall monthly repayments. In some circumstances it may be possible to settle an IVA early. If you come into money and ... Read >

Coping With Debt

For many, debt can be a very stressful part of their lives, and the impact that it can have can be brutal. Debt can cause sleepless nights, stress and worry. In order to cope with debts, some may seek a debt solution or want to more easily manage debt. T... Read >

Signs Of Compulsive Debting

Signs of Compulsive Debting For many people in debt there are difficulties in meeting payments and they struggle with constant letters from their creditors, dreading the post each morning and every time the phone rings. For some people with debt prob... Read >