Latest Articles

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IVA life stories - proud to be debt free - Amit's story

 I am sharing here my personal experience and hopefully it will be helpful for quite a few people.   In the year 2010 I ended up in h... Read more
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IVA life stories - overcoming my pride - Christopher's story

My story began several years ago when my wife had to give up work with a serious back complaint, at that time I had one son in university an... Read more
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IVA life stories - I was a guarantor for someone else - Darren's story

My story starts approximately 8 years ago, summer 2009. Like most people I had debts such as credit cards, loans and overdrafts bu... Read more
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IVA life stories - just one tip - make the call - Karen's story

My previous long term partner was a successful businessman and during the financial crash was left unemployed. During the years that foll... Read more
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IVA life stories - my best decision - Rob’s story

My difficulties began when I split from my wife in 2009. We had 1 child between us and 2 that older kids that were from her previous relationship.... Read more
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IVA life stories - too many debts – Christine’s story

We found ourselves with too many debts and not enough money to cover the monthly payments.   Even the credit card minimum payments we... Read more
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IVA life stories - coping on my own - Orla’s story

My ex-husband and I found ourselves in a lot of debt since purchasing our first home, then our next home.  The second home was a mortgage that... Read more
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IVA life stories - I wanted to repay what I could - Roz’s story

Life can throw all sorts of situations your way. I was in a well-paying job, had just taken out a new mortgage, had a car on finance,... Read more
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IVA life stories - light at the end of a very dark tunnel - Sadaf's story

When I used to think of an IVA I thought of bankruptcy, losing my home, getting this black mark against my name for the rest of... Read more
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IVA life stories - learning about money - Dian's story

I have never been good with money, I grew up in a single parent family where money was always short, but I was never taught about paying bills, sa... Read more
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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