UK Autumn Budget 2024: Key Predictions
With the UK Autumn Budget 2024 due to be published soon, we’re here to help you navigate any potential changes with our quick round-up of
With the UK Autumn Budget 2024 due to be published soon, we’re here to help you navigate any potential changes with our quick round-up of
If you’re juggling debt as we approach the festive season, our quick guide to making the most of Christmas without breaking the bank is here
Need help managing your debts? If you’re considering debt consolidation, we’re here to explain how it works and whether it might be the right option
A DRO is a formal debt management solution and can help people with low incomes who are struggling with debt. However, positive new reforms could
Whether you’re considering entering a debt management plan or simply curious about how they work, we’re here to help by answering some of your most
With the month of May highlighting International Worker’s Day, we deep dive into how you can manage debt and take control of your finances while
With an array of workplace and private pensions, it’s all too easy to lose track and end up with pensions that you’re struggling to trace.
When all your attention is fixed on managing your money, it’s all too easy to forget about your health. Learn how financial strain and neglecting
With Mental Health Awareness Week taking place from 13th – 19th May, learn how debt can impact your mental health and what you can do
As the cost of living continues to increase, childcare fees are at an all-time high, and the housing ladder harder than ever to climb onto,
If you’ve developed a gambling habit or are struggling to control your spending, we’re here to help with our quick guide on how to beat
As many of the changes announced in the Spring Budget 2024 are set to come into force in April, we’re taking a look at what
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.