Wednesday, 5 February 2020

Is it possible to write off council tax arrears?

Yes, is it entirely possible to write off your council tax arrears. But this depends on a few different factors.
Your council needs to be on our list of approved councils. Some councils will allow you to pay back a small percentage of your council tax debts, others will insist on the full amount. It is important to speak to us to find out how your council vote.
You will need to have a total debt level of £5000 or over. This must consist of 2 or more creditors (people you owe money to).
You must have a regular income of £800 or above.
You must be willing to enter into an Individual Voluntary Arrangement – IVA.
An IVA is the only legitimate way (except for bankruptcy) to write off your council tax debts. With an IVA you will have to pay back a percentage of your total debts for a period of 5 years. At the end of the 5 years, the remainder of your debt will be completely written off – leaving you debt free.
To get more information visit #council tax arrears

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