Category Archives: Debt Management Plans

Questions for the Irish Government on Personal Debt

It promised to hit the ground running and the new Irish Government will soon be a hundred days in office. It has committed to making many changes so perhaps now is the time to ask some questions as to what … Continue reading

Posted in Debt Consolidation, Debt Management Plans, Debt Payments, Debt Solutions, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, IVA, IVAs, Law Reform Commission, Personal Debt, Personal Debt Management, Personal Insolvency, Solvency | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Opportunities For Debtors As Well As Lenders

When confronted with enormous financial debt worries it’s easy for the solitary borrower to neglect the effect of non-payment or late settlement on creditors. The financial institution is frequently considered as the big bad wolf and not worthy of any … Continue reading

Posted in Bankruptcy, Debt Management Plans, Debt Relief Orders, Debt Solutions, Individual Voluntary Arrangement, IVA, IVAs, Personal Insolvency | Leave a comment

Might Debt Consolidation Really Work?

There are several advantages to merging your financial obligations into just one debt consolidation loan. For many people it can be appealing to begin to make only one payment per month as opposed to many monthly payments. Making lots of … Continue reading

Posted in Bankruptcy, Debt Advice, Debt Consolidation, Debt Management Plans, Individual Voluntary Arrangement, IVA | Tagged , , , , , , | Leave a comment

Should an IVA have an impact on my Mortgage?

An IVA is a professional agreement between you and your unsecured lenders to pay back some of your debts over a defined time frame – ordinarily five years, but it could be for a lesser period. Secured creditors expect to … Continue reading

Posted in Bankruptcy, Debt Management Plans, Individual Voluntary Arrangement, IVA, IVAs, Mortgages, Personal Insolvency | Tagged , , , , , , , , , | Leave a comment

How To Rank Your Debt Payments

People have to live so in assessing which bills to pay first, one must consider the essentials of life – food and shelter. Making sure you pay your priority debts comes before all your other debt payments and is regardless … Continue reading

Posted in Debt Management Plans, Debt Payments, Debt Repayment, Insolvency, Insolvency Practitioner, IVA, IVAs, Personal Debt, Personal Debt Management, Personal Insolvency | Tagged , , , , , , , , , | Leave a comment

Is Debt Management A Safe Debt Solution?

If you are struggling with your debt and are having problems repaying your debts one of the debt solutions out there is known as a Debt Management Plan. This is one of the three most popular debt solutions in the … Continue reading

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

Repaying Your Creditors

You will probably understand creditor harassment if you cant afford to your debts when they are due or you have fallen behind in debt repayments. They will start with sending you reminder and overdue letters. If you cant make the … Continue reading

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

The Contrast Between the UK and Ireland in dealing with Personal Debt Problems

The contrast between the UK and Ireland in dealing with personal debt problems is quite remarkable. The most startling contrast is perhaps the difference in the bankruptcy legislation. In the UK most bankruptcies are discharged within 1 year leaving the … Continue reading

Posted in Bankruptcy, Creditors, Debt Management Plans, Debt Relief Orders, Debt Solutions, Insolvency, Irish Debt, Personal Debt, Personal Debt Management, Personal Insolvency | Tagged , , , , , , , , , | Leave a comment

Different Perspectives on Debt Management Plans

From the Viewpoint of Creditors While creditors differ in how they view and treat Debt Management Plans, it is probably fair to say that creditors generally look on a Debt Management Plan (DMP) as the lesser of at least two … Continue reading

Posted in Bankruptcy, Creditors, Debt Management Plans, Debt Relief Orders, Debt Solutions, Insolvency, IVAs, Personal Insolvency, Solvency | Tagged , , , , , , , | Leave a comment