Introduction to IVA.org
Debt is an issue that touches many people’s lives and it’s an issue that we’re all too familiar with, here at IVAorg. I’d like to start this blog by introducing myself and IVAorg to you and talk a little about who we are and what we do. My name is Iain Wrenshall and I’ve been …
The hidden cost of staying loyal
Why “sticking with what you know” could be costing you hundreds a year We are taught that loyalty pays off. In some markets, longstanding customers can pay much more than new customers for the same services and this is known as the ‘loyalty penalty’. It happens when suppliers charge higher prices to their existing customers, …
Back to School – managing September costs without reaching for the credit card
For a lot of families, the school summer holidays end with the familiar and increasingly eye-watering back to school bill. New uniforms, new shoes, PE kits, lunch boxes, pencil cases, this list goes on and on. For some, September might also mean shouldering the cost of a laptop or mobile phone for their child too. …
Completed your IVA? How to stay debt-free
Completing an IVA is a significant moment. Years of keeping to a tight budget and navigating this alongside whatever life threw at you. But now you’ve done it. The debts that once felt impossible to escape, have finally gone. But for many people, the weeks after completion can bring another set of concerns and the …
Five warning signs your debt has become a problem
Most people don’t wake up one day and realise they’re in financial trouble. It rarely arrives all at once. It builds gradually as the gap between income and outgoings quietly widens. Being stretched financially has now become so common that it can be hard to know where “normal” ends and “problem” begins. 4.1 million UK …
The shame of debt – and how to break free
If you’ve ever felt a knot in your stomach at the mention of money. Or found yourself closing a browser tab the moment someone walked into the room, then you’re not alone. In the UK, debt carries a stigma that stops millions of people asking the questions they most need answered. That silence has a …
Stretched budget? Four smart ways to tackle your debt
With food, fuel and energy costs continuing to put pressure on household budgets, managing debt repayments can feel like an uphill battle. If you’re finding it harder to keep on top of what you owe, you’re not alone. The good news is that there are some practical steps you can take that can genuinely make …
December on a Budget: Surviving
As December approaches, many of us feel the weight of expectation. Regardless of your financial situation the pressure to engage with endless ‘instragrammable’ experiences can consume your December as well as your bank balance. It doesn’t have to be like this, and with a bit of planning it’s entirely possible to have a joyful, debt-free …
IVA Statistics – Failure rates
It’s that time of year when failure rates for IVAs are published for 2022, and surprisingly, there isn’t much discussion surrounding them! The recent statistics released by The Insolvency Service unveil several noteworthy insights including: And termination rates: How does this compare to IVAorg? Before delving into comparisons, it’s crucial to note that various factors contribute to …
Debt Horror Stories (how to avoid being one!)
With the growing commercialisation of Halloween, it’s also another expense which can cripple an already limited budget and set you on a downward spiral to Christmas.
How do I find the best IVA company for me?
Selecting an Insolvency Practitioner to prepare your IVA can be a tricky business. Well, IVAorg are IVA specialists and, therefore, well positioned to help you make that choice. From our very first involvement, our sole aim is to ensure that your IVA reaches a successful conclusion, giving you the very best chances of achieving your goal of …
