Author Archives: Paddy Byrne

About Paddy Byrne

I work at National Debt Relief; a well established debt help company. I have had various roles throughout the company which has allowed me to enhance and develop my knowledge on Debt Solutions, legislation and other areas of the Financial Industry in both the UK and Ireland. I currently write for the National Debt Relief website, as well as other websites. I have written 100's of articles relating to different topics on debt.

A Day in the life of a PIP

A day in the Life of a Personal Insolvency Practitioner or PIP What is a Personal Insolvency Practitioner or PIP? PIP is short for Personal Insolvency Practitioner; a specialist on debt matters and who can act for you if you … Continue reading

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Learn about IVAs

The intention of these guides is to supply easy and clear-cut answers to queries that individuals would like to raise in relation to IVAs and indebtedness in general but may refrain from doing so for all sorts of reasons. Let’s … Continue reading

Posted in Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, IVA, IVAs | Tagged , , , , , , , | Leave a comment

Trying to get Approval for an Individual Voluntary Arrangement

If you’re planning on entering into an Individual Voluntary Arrangement (IVA) with your lenders you would naturally like to be in no doubt that they are going to approve your IVA offer. The overriding concern is whether your offer will … Continue reading

Posted in Debt Advice, Debt Management, Debt Management Plans, Debt Solutions, Individual Voluntary Arrangement, IVA, IVAs, Personal Debt | Tagged , , , , | Leave a comment

Comparing an Individual Voluntary Arrangement with Bankruptcy

In looking to cope with personal insolvency it’s almost inevitable that the debtor will have to examine the two most important solutions to be found in the Britain, namely entering into an Individual Voluntary Arrangement (IVA) or petitioning for Bankruptcy. … Continue reading

Posted in Bankruptcy, Creditors, Debt Advice, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, Irish Debt, IVA, Personal Debt, Personal Insolvency | Tagged , , , , , , , , | Leave a comment

Why Should Creditors Be Able to Claim My Property?

Once you owe money to loan providers or some other lenders they’ve got the legal right to seek the payment of such obligations in keeping with the conditions and terms under which the monies were borrowed or the liability was … Continue reading

Posted in Bankruptcy, Creditors, Debt Advice, Debt Management, Debt Management Plans, Debt Repayment, Debt Solutions, Individual Voluntary Arrangement, Insolvency, IVA, Personal Debt, Personal Debt Management, Personal Insolvency, Solvency | Tagged , , , , , , , , | Leave a comment

Student Debt Problems ahead for Students

Many young people who plan to graduate this year may perhaps have debts of £25,000 or over to reduce their excitement while they look to get into a less than buoyant jobs market. Surveys are finding that half of individuals … Continue reading

Posted in Bankruptcy, Debt Advice, Debt Management, Debt Payments, Debt Solutions, Individual Voluntary Arrangement, IVA, Personal Debt, Student Debt, Student Loans | Tagged , , , , , , | Leave a comment

Experiencing the Penalty of Personal debt

Capital punishment for even the most heinous criminal offenses has long been abolished in many western democracies with a few important exceptions like the USA. In regard to debt however, the USA has a most benign range of laws and … Continue reading

Posted in Bankruptcy, Debt Management, Debt Relief Orders, Debt Settlement Arrangement, Debt Solutions, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, IVA, Law Reform Commission, Personal Debt, Personal Insolvency | Tagged , , , , , , , , , | Leave a comment

Facts about Debt Management Plans

A Debt Management Plan (DMP) is an informal manageable solution for solving a person’s personal debt issues by which creditors are repaid in full in a period of time. The rate at which lenders are paid off is based upon … Continue reading

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Different kinds of Personal Financial Debts

Consumers occasionally have difficulty in distinguishing between types of personal debt and loan companies can occasionally be not so helpful in outlining some of these differences. A particular distinction that’s very important to be aware of is whether a personal … Continue reading

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Paying back Debts Through Debt Management

A DMP is a straightforward plan that can be used to lower and clear each of your unpaid obligations with no need to gain further funding than what you’ve got. If you decide to use a DMP service provider that … Continue reading

Posted in Debt Advice, Debt Management, Debt Management Plans, Debt Relief Orders, Debt Repayment, Debt Solutions, Individual Voluntary Arrangement, Personal Debt, Personal Insolvency | Tagged , , , , , , , , | Leave a comment