NEWS & UPDATES

Insolvency Service urges people struggling with the cost of living crisis to seek help early


With the costs of living increasing further, those in an Individual Voluntary Arrangement, Income Payments Agreement or Income Payments Order are advised to seek help early if they are struggling to make their repayments.


If you are in an IVA, you can ask your supervisor to review your income and expenses to see if you are eligible for a reduction in payments or payment break.


If you have an Income Payments Agreement or Income Payments Order, you can ask for a review of your income and expenses to see if you are eligible for a reduction in payments, or payment break.


https://www.moneyhelper.org.uk/en/money-troubles/way-forward/ can also help those struggling to make ends meet.


https://www.gov.uk/government/news/cost-of-living-managing-your-debts



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