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McCambridge Duffy Insolvency Practitioners
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bank account

Current accounts and IVAs

Posted on 16/09/201407/12/2017 by Paddy Byrne by Paddy Byrne

Many of us don’t really regard our current account as being a proper debt in the normal meaning of the word. Over time, we think of our current account as being our friend and almost like a member of our family. We lodge money into it, pay bills from it and withdraw money from it when we need to. If you could love an account this would be the one. Continue reading →

Posted in Insolvency, IVA Tagged bank account, iva

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IVA Example

IVA Example

Client was struggling with payments of £600 per month to their creditors. We were able to reduce the payment to £240 per month. After 60 months of paying this reduced amount, any remaining debts will be written off and they will start their life free of debt.

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McCambridge Duffy LLP is a Limited Liability Partnership registered in England and Wales.
Registered number OC309544
Registered office 17 Hanover Square, Mayfair,
London, W1s 1HT

   

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McCambridge Duffy is one of the leading insolvency firms in the UK. We offer IVAs and other Insolvency solutions. On our website you will see information on formal and informal debt solutions. Although we do not offer informal solutions, we provide this information so you have a clear overview of the options available for dealing with your debts. If an Insolvency solution is not suitable or you would prefer to take an informal route, we will recommend an appropriate provider, with your permission.

A fee is only payable where further services are requested. Fees will depend on which debt solution you opt for and what your financial circumstances are. All fees will be explained in detail and discussed prior to commencement of any debt repayment plan. Repaying debt over a longer period may increase the total amount to be repaid.