Debt guides

Clear, plain-English articles to help you understand your options and take the next step.

Debt solutions

6 min read

What is an IVA? A plain-English guide to Individual Voluntary Arrangements

How an IVA works in England, Wales and Northern Ireland, who it suits, how long it lasts and what happens at the end.

5 min read

IVA pros and cons: what to weigh up before you apply

The main benefits and drawbacks of an Individual Voluntary Arrangement, so you can decide whether it fits your situation.

6 min read

What is a debt management plan (DMP) and how does it work?

A clear guide to debt management plans: how they work, what they cost, which debts can be included and how they affect your credit.

5 min read

Debt management plan vs IVA: which is better for you?

Compare a DMP and an IVA side by side — cost, length, debt write-off, credit impact and who each one suits.

5 min read

What is a Debt Relief Order (DRO)? Eligibility and how it works

A guide to Debt Relief Orders in England, Wales and Northern Ireland: who qualifies, how long it lasts and what happens to your debts.

6 min read

Bankruptcy explained: what really happens when you go bankrupt

An honest look at bankruptcy in England and Wales — costs, what happens to your home and possessions, and how long it lasts.

5 min read

Debt consolidation explained: loans, plans and what to watch out for

What debt consolidation means, the difference between consolidation loans and consolidation plans, and the risks to avoid.

6 min read

Debt solutions in Scotland: Trust Deeds, DAS and sequestration

Scotland has its own debt solutions. Learn how a Protected Trust Deed, the Debt Arrangement Scheme and sequestration work.

4 min read

Which debts can be written off in the UK — and which can't?

Find out which types of debt can be included in an IVA, DRO or bankruptcy, and which usually have to be paid regardless.

Urgent debt problems

Money & budgeting

Types of debt