Solutions to debt pains
The recession means that many people are suffering increased debt problems. The impact of debt worries can go much further than just affecting the bank balance, with relationship and health issues also
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A brief guide to sequestration
In Scotland, bankruptcy is referred to as sequestration. For many suffering from unmanageable debt it is a last resort solution. However, it is often the only answer to dealing with debt. Under sequestration your creditors are no longer able to take legal action against you, and those discharged from sequestration are not required to make any further
Personal Finance News
House prices not likely to recover for some time
Two recent surveys suggest that the stagnating UK economy is unlikely to allow any “meaningful” house price recovery will occur for some
Debt Advice
Managing debt
As the recession claims more jobs, people’s debt awareness is growing. This means that solutions that provide debt management and, in the longer term,
Debt Solutions
The IVA process explained
Taking on an Individual Voluntary Arrangement (IVA) is not an easy decision. However, if you are committed to clearing your debts then an IVA has many
Credit & Debt Headlines
“Double dip” recession a possibility
The International Monetary Fund recently said that Britain could face a “double-dip” economic recession which will cancel out the slight recovery already reported by many financial quarters. According
Debt - causes and affordable solutions
There is a general assumption that debt problems are mainly caused by irresponsibility or bad financial management. While the stigma of debt is still a hard burden to bear, the reality is that most debt
Tax rises and spending cuts expected
According to the Centre for Business and
