Personal Debt In Scotland Rises

Recent data indicates that actual personal insolvencies in Scotland rose by a dramatic 137% in stark contrast to figures published on Protected Trust Deeds

Read Full Post »

Don’t be pushed into bankruptcy – challenge unenforceable loans and credit cards

Figures published today by the Insolvency Service show the number of personal insolvencies reached 29,774 in the first quarter of 2009 – an increase of 1.6% on the previous quarter and 19% on the same period a year ago.
The figures consisted of 10,713 Individual Voluntary Arrangements (IVAs), an increase of 12% on the corresponding quarter [...]

Read Full Post »

Managing Debt and Deficit

Two people we know of (let’s call them Gordon and Alistair) are unfortunate examples how ignoring mounting debt can lead to heartache and worries. Addicted to spending, they now face the future with uncertainly, not knowing who to turn to and being harassed by the young upstart neighbour David and suffering lectures from the crotchety [...]

Read Full Post »

Negative Equity Restricts Debt Management Options

Around a million home owners, mainly in the North of England, are thought to be in negative equity due to falling house prices according to a report from the Council of Mortgage Lenders (CML) issued this week.
That number may rise as high as 1.18 million and that’s getting close to the 1.5 million households who [...]

Read Full Post »

Avoiding Rental Repossessions

It’s not just homeowners and those with a mortgage that are feeling the crunch in the current economic climate!

Read Full Post »

How to Write Off Credit Card Debt Legally

These are two equally powerful and perfectly lawful actions that anyone can take to write off their credit card debt legally.

Read Full Post »

Legal Ways to Write-Off Credit Card Debt, Consumer Credit Act 1974, Individual Voluntary Arrangements

It may be possible to write-off credit card debt legally under the Consumer Protection Act 1974 or with a debt solution, such as an Individual Voluntary Arrangement.

Read Full Post »

Write-Off Debt With No Montly Repayments, Debt Solutions, Debt Relief Orders, Going Bankrupt

Debt solutions, like a Debt Relief Order and going bankrupt, allow people to write-off debt with no monthly repayments. It is possible to become debt-free in 12 months.

Read Full Post »

Britain going bust: Company collapses treble as small businesses bear the brunt of the downturn

Small businesses are bearing the brunt of the downturn with the number going into administration more than trebling in the last quarter, figures revealed yesterday.

Read Full Post »

How to Write Off Credit Card Debt Legally

Not many people are aware that many credit agreements taken out before April 6th 2007 are unenforceable because the agreements were improperly drafted, lacking in what are known as prescribed terms.

Read Full Post »

More than 60,000 at risk of being ‘unmortgagable’

Repossessions expert Moore Blatch has warned that more than 60,000 UK individuals are running the risk of becoming ‘unmortgagable’ by declaring themselves bankrupt in 2009.

Read Full Post »

UK Debt – The Full Picture, 5 January 2009.

Data released by Creditaction shows just how in debt we all are!

Read Full Post »

How to write off your Credit Card and Loan debt

WOULD YOU LIKE YOUR CREDIT CARD DEBTS WRITTEN OFF WITH NOTHING MORE TO PAY ?

Read Full Post »