Balancing your pension and debts
October 25, 2022
Not sure whether to prioritise your debt repayments or your pension contributions? Here’s our guide to balancing both your pension and debts Should I save
Not sure whether to prioritise your debt repayments or your pension contributions? Here’s our guide to balancing both your pension and debts Should I save
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We know that finding the right debt management can be stressful and sometimes confusing. That’s why we’re here to help guide you through the process.
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As a student you are well and truly settled into student life and entering your second term at University. Not only keeping up with your
Not only do the Christmas holidays hit us hard in our bellies and in our livers, but they also hit us hard in our pockets.
Unless you’ve been living under a rock, you probably read about the cyber-attack on the Manchester United PLC last year. IT systems across their empire
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.
