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
As financial scams become more commonplace, especially online, we’re here to explain 10 of the most frequently used by scammers and how you can avoid
With the winter fuel payment at risk of being axed for most pensioners, our Summary guide to this policy shift explains exactly who and what
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
Wondering how the new government will affect your personal financial situation? Read on for our quick guide to everything you need to know about Labour’s
Learn more about how your home’s EPC rating can impact your energy bills and the steps you can take to become more energy efficient What
Sun, sea, sand, and savings? Jetting off on your annual summer break doesn’t have to blow the budget. Here are the extra costs to consider
In honour of Child Support Awareness Month, we look at how the system works in the UK and what you might need to know as
In honour of Insurance Awareness Day, we look at why insurance matters and how it can help protect you in a range of different circumstances.
On the third Thursday in June, National Dump the Pump Day encourages people to leave their car at home. Here are just a few of
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.