Category Archives: Debt Management

What Is Debt Management

Debt management is a solution for people who are having difficulty making their debt payments. Debtors and creditors enter an agreement, which lowers the repayment for the debtor [..]

Debt Management

What Is An IVA

An IVA, or individual voluntary arrangement, is a legal alternative that exists in the UK for individuals who wish to avoid bankruptcy. The IVA was established under the [..]

Debt Advice, Debt Management

Transferring Credit Card Debt To Save Interest

One way to reduce debt is to transfer balances from high interest credit cards to those that feature low rates of interest. A March 2010 U.S. Federal Reserve [..]

Credit Cards, Debt Advice, Debt Management

Negotiating With Creditors When You Cannot Repay Debt

Sometimes, the debt situation can get to a point where individuals cannot repay the balances. Rather than letting these sit, accumulating interest and possibly slipping into collection status, [..]

Debt Advice, Debt Management