Archive for July, 2010

Important Things to Know About an IVA

Saturday, July 24th, 2010

An Individual Voluntary Agreement (IVA) is a legally binding agreement between the debtor and their creditors. In order to apply for an IVA, the debtor must owe over £15,000 to at least three creditors and they or their partner must have a source of income that originates from employment. What's ...

Chapter 13 Bankruptcy Automatic Stay

Friday, July 23rd, 2010

Whenever a bankruptcy case is filed in a court (it can be under any chapter of the Bankruptcy Code) the automatic stay starts.The automatic stay helps the debtor to protect his money or property from the creditor. Ones the case goes to the bankruptcy court all the lawsuits need to ...

Applying For a Credit Card After Bankruptcy

Thursday, July 22nd, 2010

If in the past you have filed for bankruptcy and you are worried that your chances are getting slim don't fret, there are cards that can be accessed just the same even in your present state.Some even more greater news is that immediately you can begin to rebuild your bad ...