How to plan your budget no matter your income
If you have a variable income or no income at all, creating a workable budget can be more difficult – but it’s not impossible! Check
If you have a variable income or no income at all, creating a workable budget can be more difficult – but it’s not impossible! Check
Buy Now, Pay Later can be a convenient way to split the cost of purchases over time, but could it cause more problems in the
The start of a new season is a great time to review your financial situation and set new goals for the year ahead. But what
Keep the kids entertained without breaking the bank this school holiday with these budget-friendly activities for the whole family Go outdoors While the UK weather
Debt Awareness Week is a great opportunity to take stock, review your financial circumstances, and seek help if you feel that your debt is becoming
With a focus on the cost-of-living crisis and encouraging people back into work, the Spring Budget 2023 introduced a host of new initiatives, from free
As food bills hit record heights, UK households are feeling the effects. Check out our top tips for lowering the cost of your everyday essentials
Struggling with your finances this year? Kick-start 2023 with a plan in place to reduce your debt with our top New Year’s debt resolution tips
Looking to improve your financial habits in 2023? Check out our top 10 financial New Year’s resolutions and learn how you can achieve them 1.
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
Finding out that a loved one is having money problems is never easy, but you can sometimes spot the signs of financial difficulty and help
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.