We can help reduce your financial burden by Freezing Interest and Charges and even Writing off unsecured debts. An IVA could give you the fresh start you deserve.
Our team of experienced caseworkers is ready to mediate on your behalf. Whether it’s your local authority or another creditor, we’ll represent you ensure Bailiff action comes to a STOP.
We’ll help you set up a manageable repayment plan, like an Individual Voluntary Arrangement (IVA), tailored to your situation. We work with your creditors on terms you can afford.
You are not obligated to let Bailiffs into your home, and we can help put a stop to their visits. Let us take action to protect your peace of mind and prevent further disruption.
You are not obligated to let anyone into your home. Don’t feel pressured.
You do not have to speak to the bailiffs and do not respond to intimidation.
Never sign anything a Bailiff puts in front of you. Signing could affect your rights.
We can STOP Bailiffs and help you Write Off unaffordable debts through an IVA.
Your local authority can apply for a liability order through the courts. This gives them the legal right to send Bailiffs to collect the debt. We can help you STOP Bailiff Action.
A HCEO is a legal officer responsible for enforcing judgments issued by the High Court. This includes seizing goods or repossessing property to settle debts.
If you’ve received a PCN for traffic violations or failing to pay Congestion or Dart Charge fees on time, we can help you prevent further enforcement action.
When regular payments for Utilities are missed, the account falls into arrears. This may lead to bailiffs being sent to collect the debt. Don’t wait until it’s too late!
If a court has ruled that you must repay a debt, you may have a CCJ against you. This can negatively affect your Credit Rating. Let’s help minimize its impact.
If you haven’t paid a debt, you might receive a letter from Bailiffs stating they will visit your home to collect payment. Let’s act now to prevent further consequence.
My Debt Plan Ltd provides insolvency solutions to individuals, specialising in IVA’s. All advice given is following an initial fact find, tailored to your individual circumstances and provided in reasonable contemplation of an insolvency appointment. Our advice on your options is always free and we will notify you if a solution you choose has a fee associated with it. Where you are not suitable for an IVA, we may refer you to one of our trusted partners who specialise in alternative solutions.
Registered address 2nd Floor Blenheim Court, Cheadle, Cheshire, England, SK8 2JY Company Registered in England and Wales Number 10992838 Data Protection ZB284067.
Lucy Novo Deakin is a licensed insolvency practitioner in the UK by the Insolvency Practitioners Association (IPA).
To find out more about managing your money and getting free advice, visit Money Helper, an independent service set up to help people manage their money.
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Credit Score Pop Up Wording : An Individual Voluntary Arrangement (IVA) is a formal agreement with creditors to repay a portion of your debts over time, but it does have an impact on your credit score and it will be difficult to obtain further credit whilst on an IVA. Once an IVA is approved, it is recorded on your credit report and will typically remain there for six years from the date it starts.
However, it’s important to note this is the case for most debt solutions and your credit score will likely already have been affected by being in debt in the first place.
Once your IVA is complete you will get a fresh start to begin rebuilding your credit rating.
IVA costs are charged for the preparation of your proposal and the administration of the arrangement for the full term (usually 5 years) these costs are charged from the monthly contributions you make into the IVA and are not in addition. Costs will only be recovered on approval of your arrangement and once you commence making payments to it. The fees for preparation of the proposal to creditors and calling the meeting for creditors to vote on its approval are called nominees fees, the fees for running the arrangement once approved are called supervisors fees. There are also some expenses incurred in the running of the arrangement such as the registration fee and the statutory insurance that needs to be taken by law, these are called disbursements. For our arrangements, the total of all of these is £3,650 although this may be adjusted by creditors when they vote on whether to accept. No matter what the end total of costs come to, you can be rest assured that these will be taken from the monthly payment we agree with you.