By Mr Bankruptcy
6th December 2019
In October the Guardian newspaper reported that the number of people facing insolvency in 2019 was heading towards the highest level for almost ten years. As debt problems in the UK continues, are you heeding the signs that your debt needs to be dealt with?
The reason for debt is changing
Earlier this year the Financial times reported the changing nature of debt. It’s an easy assumption to make that debt arises because people impulse buy and live beyond their means. However, over the past decade the reason for personal debt is more often a result of the cost of day-to-day living. If this is the case, it’s not surprising that more people are finding themselves in financial difficulty.
What are the signs you have debt issues?
Whatever the reason that makes a debt unmanageable, here are some tell-tale signs that can warn us that our financial situation needs addressing and cannot be ignored:
Don’t delay action
Talking about tackling debt and taking active steps can both be difficult. We can feel embarrassed, or our physical and mental wellbeing has suffered to the extent we can’t face dealing with it.
Unfortunately, debt does not resolve itself but if you ask for help, you can learn about the different debt management options available to you. A path to a debt free life can then lead the way to a future you can feel happier about.
James Rosa Associates
James Rosa Associates is a firm of debt advisors and debt adjustors. With a supportive and friendly approach, we offer a full range of advice and professional services to individuals and business owners/directors facing unmanageable debt or involved in civil or commercial disputes.
Our services include:
● Insolvency support
● Negotiated settlements
● Personal assisted bankruptcy
We are authorised and regulated by the Financial Conduct Authority (FRN665061) to work with clients to produce bespoke solutions to fit their specific circumstances.
Find out if you qualify for a free consultation
If you want to deal with an unmanageable debt, or bring a dispute to a swift and cost-effective resolution, contact James Rosa Associates, ring 0845 6807217 or email email@example.com to find out whether you qualify for a free consultation.
Please be advised that all views expressed in these posts are those of the author and not of James Rosa Associates ltd.