A CCJ is a type of court order in England and Wales that might be registered against you if you fail to repay money you owe. It’s a serious matter that can have significant implications for your credit and financial future. One of the most common questions people ask when they encounter a CCJ is, […]
How Long Does A CCJ Last? Discover the Answer Here! Read More »
When faced with mounting debts, it can be overwhelming to navigate the array of options available for regaining control over your financial situation. This article aims to guide you through understanding two popular debt solutions in the UK – the Individual Voluntary Arrangement (IVA) and the Debt Relief Order (DRO). Both options can provide a
Uncover the truth about the impact of gambling on your credit score. Our expert-backed guide reveals all you need to know. Don’t gamble with your financial future! Uncover the hidden link between your gambling habits and your credit score. Experts weigh in on the intriguing question: Does gambling affect credit score? Imagine this scenario: You’re
Does Gambling Affect Credit Score? What the Experts Say! Read More »
Uncover the surprising truth about ‘how long does a default last’. Dive into our guide for insights on defaults and strategies to regain your financial control. Don’t let late payments on defaulted accounts control your financial future – get informed today with free debt help! Quick Links What is a Default? A default, in the
How Long Does a Default Last? The Answer May Surprise You! Read More »
Navigating the intricate world of finance can be a challenge. Yet, it’s essential to understand elements like credit defaults, how long they stay on file, and their implications on your financial well-being. This article delves into the surprising reality of ‘How Long Do Credit Defaults Stay on File?’ and empowers you to manage your credit
How Long Do Credit Defaults Stay on File? The Truth About Timescales Read More »
The most significant riches we possess are our planet and our financial security. Surprisingly, these two assets often dovetail with each other. The practices that protect and preserve the environment frequently coincide with those that also help to save money, nurturing our savings account in the process. In recent years, environmental sustainability and financial prudence
Help to Save: Ways to save Money and the Environment Read More »
An Individual Voluntary Arrangement, commonly known as an IVA, is a formal and legally binding agreement between you and your creditors to help manage your debt. It provides a structured solution, enabling you to make manageable payments over a fixed period. Under the professional guidance of a licensed insolvency practitioner, you and your creditors agree
IVA Pros and Cons – A Comprehensive Guide for Individuals Read More »
Debt can feel like a heavy burden, and the promise of a quick fix can be alluring. One such promise you might have come across is the concept of government loans debt consolidation for people seeking debt consolidation. But is there any truth to these claims? Let’s delve into the facts and dispel some myths.
Government Loans Debt Consolidation – The Truth You Need to Know! Read More »
One term that frequently surfaces in debt recovery is the ‘High Court Writ.’ But what exactly is a High Court Writ, and what implications does it carry? In the simplest terms, a High Court Writ, particularly a Writ of Control, is a legal document issued by the High Court of England and Wales. This writ
High Court Writ: Understanding Debt Collection and Your Options Read More »
Applying for IVA. An IVA is a formal, legal agreement between you and your creditors, designed to help manage and eventually clear your debts. Essentially, it’s a commitment to make regular monthly payments towards your outstanding debts over a set period, typically 5 to 6 years, with any remaining debt potentially written off at the
Applying for IVA: A Guide to Apply for an Individual Voluntary Arrangement Read More »
Become Debt Free is a trading style of Re10 (Finance) Limited Registered Number 04651137.  Data Protection Act Registration Number – Z8613095
Become Debt Free specialise in providing and administering Individual Voluntary Arrangement (“IVA”) solutions to individuals based in England, Wales and Northern Ireland.  We do not administer Debt Management Plans, Debt Relief Orders, or any other debt solutions.  We only provide advice after completing or receiving an initial fact find where the individual(s) concerned meets the criteria for an IVA, therefore, all advice is given in reasonable contemplation of an insolvency appointment.
* To qualify for debt write off in an IVA with us, you must have a minimum of £7,000 of qualifying unsecured debt owed to two or more creditors.  The amount of debt write off is based on your own personal circumstances – typically this could be up to 85% of what you owe; and this has been achieved by over 10% of our customers who have successfully completed their IVA’s in the last 12 months. The amount of debt write off differs for each customer and is dependent upon their individual financial circumstances and subject to the approval of their creditors.
Andrew Bowers is authorised in the UK to act as Insolvency Practitioner by the Insolvency Practitioners Association.