Bankruptcy Archives - James Rosa Associates Archive

What can I do if my debt management plan fails?

By Mr Bankruptcy 3rd February 2020 If you have already agreed a debt management plan but are now struggling to make the agreed payments, or feel it no long suits your situation, then it’s time to consider your options. Is your debt management plan right for you? When you entered into the debt management plan […]

The real cost of Christmas

By Mr Bankruptcy 19th December 2019 The tree lights are up, social calendars are full of seasonal festivities and preparations being made for a big meal at home or that annual journey around the country to visit friends and family – it must be Christmas. For many of us though, while we’re immersed in Christmas […]

Are you ignoring signs that you are in debt?

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 […]

JRA recognised as a Tri Awards 2019 Finalist

By Mr Bankruptcy 26th November 2019 On Wednesday, 13th November we were excited to be at the Turnaround Restructuring & Insolvency (TRI) Awards in London where we were recognised for our work with a “Highly Commended” award in the Personal Debt Solution Provider of the Year category. We are absolutely delighted to have been selected […]

The link between debt and suicide

By Mr Bankruptcy 30th October 2019 Sadly, in the news last week was another report about suicides directly related to debt. This particular report looked at people who had committed suicide after contact with HMRC, but I think this is being harsh on the taxman. It’s believed that up to 50% of people struggling with […]

Supporting vulnerable clients with debt management

By Mr Bankruptcy 12th August 2019 As a debt advisor I see the profound effect that unmanageable debt has on any person’s wellbeing but particularly on those people who are in a vulnerable situation can find it additionally difficult to manage their debt. There is no single approach to managing debt and each client’s needs […]

Eight common mistakes to make when you’re in debt

By Mr Bankruptcy 12th July 2019 When you are in serious debt it’s important to remember that with the right approach, there is always a way to address the situation. To help you make a start, it’s also important to know what to avoid doing in order to prevent your debt situation from getting worse. […]

Supporting you to take back control of your debts

By Mr Bankruptcy 21st June 2019 Taking back control when you are in a debt situation that you feel is out of control and overwhelming is a crucial step. Working with people to help them understand their situation and to empower them to make decisions about their options is integral to our debt advice approach as […]

Why is it difficult to talk about debt?

By Mr Bankruptcy 19th June 2019 An article in the Independent in April stated that the majority of people find it easier to talk about mental health issues than debt. This is particularly concerning when 44% of adults in the UK are hiding debts of more than £4,000. So why is it so difficult to […]

Fact or fiction – what do you really know about bankruptcy?

By Mr Bankruptcy 2nd May 2019 The thought of bankruptcy is undoubtedly scary for businesspeople but this is often because of the horror stories we hear. If we could dispel some of the stories surrounding the bankruptcy process more people could begin to think about their options based on facts, not fiction. Seek specialist bankruptcy […]