admin, Author at Debt Lessely

What is an Insolvency Practitioner?

By admin0 CommentsInsolvency Practitioner

If your business is confronting financial difficulties or experiencing a formal insolvency process, like liquidation, it’s likely that you will look to enlist the assistance of a licensed Insolvency Practitioner (IP). The majority of the insolvency practitioners will have skilled & trained as accountants or insolvency specialists however, what does…

What is a bankruptcy Income Payment Order?

By admin0 Commentsbankruptcy

Sections 310 and Sections 310A of The Insolvency Act 1986 concern the bankruptcy surplus income. You can find bankruptcy Income Payment Order treatment in The Insolvency Rules 1986 under Rule 6.189 to Rule 6.193C. When you get a bankruptcy order from the court, you do not have to make further…

Are you Qualified to Apply for an IVA? Let’s Find Out

By admin0 CommentsIVA Advice

Individual Voluntary Arrangement or IVA is one of the most popular debt solutions available to debtors residing in the UK. No doubt, why more than 70000 people choose IVA over any other debt solution every year to tackle the debt. Well, an IVA is a perfect solution for those who…

What is IVA and How Can You Apply for an Individual Voluntary Arrangement or IVA?

By admin0 CommentsIVA Advice

Struggling with multiple debts is a nightmare until you find an appropriate solution for yourself. An Individual Voluntary Arrangement or IVA is a legally binding arrangement between you and your creditors. IVA is a great option to get relief from debt worries, but you must make sure that it suits…

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Author: admin

What is an Insolvency Practitioner?

What is a bankruptcy Income Payment Order?

Are you Qualified to Apply for an IVA? Let’s Find Out

What is IVA and How Can You Apply for an Individual Voluntary Arrangement or IVA?