Understanding debt after death
It’s not unusual for someone to pass away while still owing money to creditors. The big question is “When a person dies, do the debts also die?”
It’s not unusual for someone to pass away while still owing money to creditors. The big question is “When a person dies, do the debts also die?”
There is currently a cost of living crisis. Energy prices are spiralling upwards, fuel costs are ever-rising, petrol and diesel are at all-time high
The IVA standing committee, chaired by the Insolvency Service, is the body responsible for maintaining and strengthening the protocol. On the 1 st August 2021 the updated protocol came into effect.
There is nothing to prevent you from going on holiday during an IVA and the Arrangement does not stop you from travelling. This could be for either business or pleasure.