The seven deadly sins of debt Moneysupermarket.com For some a more formal solution will be required, such as a debt management plan or possibly an individual voluntary arrangement or even bankruptcy . … and more »
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The seven deadly sins of debt – Moneysupermarket.com | UK …

These 700,000 ‘hidden debtors’ are the latest estimate from a government survey, conducted in consultation with R3,  the Association of Business Recovery Professionals, of the number of individuals in Great Britain who are currently in a Debt Management Plan (DMP). This is an informal repayment plan that offers reduced monthly payments to the creditors on [...]

This week MPs have been in the news, criticising the Financial Services Authority for it’s lack of discipline with mortgage

An IVA ( Individual Voluntary Arrangement ) is a formal debt solution to which creditors must agree before it can proceed. The IVA is lodged at a County Court for filing and is issued with a case number. The IVA proposal is then …
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IVA: What is it? « Garcia Jones

The IRS has issued a new reminder about its voluntary disclosure program (VDP) for delinquent taxpayers: The IRS stresses that acceptance into a voluntary disclosure arrangement depends on the individual facts and circumstances involved in each case. Taxpayers with unreported income should immediately discuss with their tax professional their options to get right with the government, including [...]

Individual Voluntary Arrangement The first thing to do when considering an Individual Voluntary Arrangement is to have a meeting with an Insolvency Practitioner. This meeting could either be face to face or over the telephone. …

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<a target=”_blank” href=”http://usstructuredsettlement.blogspot.com/2009/04/bankruptcy-or-iva-procedure.html” title=”IVA News: Bankruptcy or IVA - The Procedure | Complete structured …”>Bankruptcy or [...]

The chartered financial planner of Fairinvestment.co.uk has commented on how research from the company has highlighted the various pros and cons of different types of mortgages. Sharon Bratley believes that the majority of British homeowners won’t feel the benefit of the Bank of England reducing the base