14th January 2011
It’s a staggering thought, but the total amount of personal debt in the UK stood at just under £1.5 trillion earlier this year – and it’s estimated that during 2010, someone is being declared bankrupt or insolvent every single minute.
Those statistics ...
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01st October 2010
In a word no; an Individual Voluntary Arrangement (IVA) is a legally binding agreement between you and the people you owe money to. The fact that it’s a legal process means that there are strict rules that licensed Insolvency Practitioners (the people th...
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22nd September 2010
If your debt has spiralled uncontrollably to an unmanageable level and you are unsure where to turn, your local Citizens Advice Bureau may be a good place to start looking.
They are a charity, which means the advice you're given is impartial and unlike...
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13th September 2010
If, like many businesses that have been badly affected by the recent global economic recession, your business is struggling financially, it's important that you seek independent debt advice as early as possible, to maximise your chances of continuing trad...
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08th September 2010
House repossession has become a hot topic over the last 18 months as large scale redundancies across much of the UK has led to significant increases in mortgage debt arrears. With austere public sector funding cuts on the horizon and an uncertain twelve...
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