Debt Articles /debtarticles/articles Articles 18 Dec 2017 14:27:48 en What is a Debt Management Plan? /debtarticles/debt-management/what-is-a-debt-management-plan.html 18 Mar 2013 14:52:29 A Debt Management Plan is an informal and flexible approach, the purpose of which is to resolve personal debt problems where the debtor has difficulty in repaying debts as they fall due.

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How to Qualify for a Debt Relief Order /debtarticles/debt-help/how-to-qualify-for-a-debt-relief-order.html 9 Oct 2012 13:58:54 It is relatively easy to determine if you are eligible to apply for a Debt Relief Order. First of all you must be currently resident in England or Wales or, at any time in the last three years, have been resident or carrying out business in England or

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Annulment of Bankruptcy /debtarticles/debt-help/annulment-of-bankruptcy.html 4 Oct 2012 17:40:03 In the world of personal insolvency the annulment procedure applies to bankruptcy only. Only the court has the power to order the annulment or cancellation of a bankruptcy order that has already been made.

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Dealing with the Official Receiver in Bankruptcy /debtarticles/debt-help/the-official-receiver-in-bankruptcy.html 28 Sep 2012 15:46:15 The Official Receiver is a civil servant in The Insolvency Service and is an officer of the court and acts as the bankrupt’s trustee unless the court appoints an Insolvency Practitioner (IP) to take that role.

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What Happens After Bankruptcy? /debtarticles/debt-help/what-happens-after-bankruptcy.html 28 Sep 2012 14:17:42 Our previous article was entitled ‘How to go Bankrupt’. This article looks at the aftermath of becoming bankrupt.

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How to Go Bankrupt /debtarticles/debt-help/How-to-Go-Bankrupt.html 25 Sep 2012 14:47:24 If you want to find out more about how to go Bankrupt, then read this article detailing a more in-depth view on Bankruptcy. This article is written in a simple format with the key steps in going bankrupt in England and Wales explained with links to sources of additional and more detailed information, provided for those who wish to look into the matter more

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Famous Bankrupts Who Bounced Back /debtarticles/debt-help/Famous Bankrupts Who Bounced Back.html 3 Sep 2012 14:51:38 Bankruptcy is frequently described as the option of last resort for people in financial trouble. Yet some crumbs of comfort can be gleaned by people contemplating bankruptcy from the stories of people who were declared bankrupt, sometimes repeatedly, and yet rose phoenix-like from the ashes of their personal finances to achieve great things.

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Dealing with the Fifth Phase of an IVA /debtarticles/IVA/the-completion-of-an-iva.html 3 Sep 2012 13:29:51 The fifth and final phase of the IVA could be described as the beginning of the end of the debtor’s financial nightmares. Many insolvent debtors who choose to enter into an IVA enjoy and indeed celebrate this final phase.

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Dealing with the Fourth Phase of an IVA /debtarticles/IVA/the-commencement-of-an-IVA.html 3 Sep 2012 13:08:56 Acceptance by creditors of the IVA proposal at the MOC is a high point for many debtors and completes the third phase of the process as described in the last article. The fourth phase is the commencement of the IVA and is the beginning of the execution phase.

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Dealing with the Third Phase of an IVA /debtarticles/IVA/about-the-meeting-of-creditors.html 3 Sep 2012 12:11:39 You have at this stage completed the first phase of your IVA which involved taking advice, planning what to do about your insolvency and making appropriate decisions. You have also completed phase two which was the preparation of your IVA proposal in co-operation with your chosen insolvency firm which then circulated it to your creditors with a date and venue for holding a meeting of your

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