Stay in control of your Christmas spending and avoid a painful New Year debt hangover with our top tips Set financial goals No matter whether
Keep track of your spending without missing out on the magic this season with our top tips to avoid getting into debt this Christmas Christmas
With the cost of food, electricity, fuel and more on the rise, living costs in the UK are increasing daily. If you’re looking to cut
As the UK cost of living crisis continues to increase the price of food, fuel, energy, and more, paying your bills and managing debts could
With energy prices reaching a record high and the cost-of-living crisis putting extra pressure on household incomes, it’s understandable that you might be struggling to
Mortgages are one of our biggest monthly expenses and it’s not always easy to keep up with your repayments. As interest rates look set to
No matter your financial situation or difficulties, we can provide you with the right advice and support to help you become debt free.
Alternatively, if you’d like to speak to one of our advisers for expert advice call us.
Lucy Novo Deakin is a licensed insolvency practitioner in the UK by the Insolvency Practitioners Association (IPA).
My Debt Plan Ltd provides insolvency solutions to individuals, specialising in IVA’s. All advice given is provided in reasonable contemplation of an insolvency appointment. Where you are not suitable for an IVA, we may refer you to one of our trusted partners who specialise on alternative solutions, and as such we will receive payment for the introduction if you enter into a debt solution with one of our partner companies.
Registered address 2nd Floor Blenheim Court, Cheadle, Cheshire, England, SK8 2JY Company Registered in England and Wales Number 10992838 Data Protection ZB284067.
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.
*Our advice on your options is always free. We will always notify you if a solution you choose has any cost.
**Of 2,381 IVA cases approved between January-December 2023, the average expected write off assuming successful completion is 74%.
A debt write off amount between 25% and 75% is realistic, however, the debt write off amount will differ for each customer upon their individual financial circumstances and is subject to approval of their creditors. Any remaining qualifying unsecured debt in your IVA will be written off, however some unsecured debts will be excluded, such as court fines, child maintenance and student loans, therefore you will need to continue paying these both during and after the IVA.
