By Mr Bankruptcy 7th December 2021 Each person’s journey into debt is unique, but rarely is it a journey of reckless financial management. Rather a combination of circumstances lead to difficult decisions, resulting in debt and for the individual, the consequences go beyond the financial. The physical and mental cost Due to the pandemic, six […]
Read moreBy Mr Bankruptcy 2nd September 2021 In our previous post Could personal bankruptcy be the right option for you? I discussed when it might be time to consider bankruptcy. But I also appreciate that’s easier said than done. How do you come to terms with taking such a step? The first step is the hardest […]
Read moreBy Mr Bankruptcy 19th April 2021 Bankruptcy is a term relating to debt that most people have heard of, many associating it with negative connotations as a desperate last resort, when everything’s gone wrong. But fewer people know how it works or how it could actually be a sensible solution for dealing with your debt. […]
Read moreBy Mr Bankruptcy 29th January 2021 The Covid pandemic has had a serious impact on individuals and businesses, and many people are going to need help with unmanageable debt in the months and even years to come. The true extent of the effects of lockdowns and a restricted economy is now being understood and the […]
Read moreBy Mr Bankruptcy 21st January 2021 Before founding James Rosa Associates in October 2010 Julian Donnelly’s journey to becoming a civil and commercial mediator has been a personal one, after he himself experienced personal bankruptcy following redundancy and a relationship breakdown. It was this experience that led Julian to working with the professional firm which […]
Read moreBy Mr Bankruptcy 11th December 2020 Was it only a year ago when we were talking about the real cost of Christmas, and how the debt burden for many people increases? Now, after so many more people are facing financial uncertainty, the fear that Christmas will only exacerbate debt problems will only have increased. But […]
Read moreBy Mr Bankruptcy 29th October 2020 Lockdown has seen the rise of a hoard of zombie companies across the country. The Guardian newspaper reported that 20% of businesses in Britain are zombie companies; could yours be one of them? What is a zombie company? A zombie company is the name given to businesses that can’t […]
Read moreBy Mr Bankruptcy 30th September 2020 Being made redundant is a situation many people may soon be facing. Suddenly losing your job throws all sorts of challenges and uncertainty in your path even when you think your life is in order. It’s even more difficult if you’re already in debt, when your debt can become […]
Read moreBy Mr Bankruptcy 22nd September 2020 At a time when many people are feeling financial pressure it can be tempting to go for a quick fix to a short-term cash flow problem, but are payday loans the best option? Why would you consider a payday loan? Payday loans are known for being expensive in the […]
Read moreBy Mr Bankruptcy 17th August 2020 Worry about unmanageable debt could right now be dominating every waking moment of someone you know or love. A recent report by the Money and Mental Health Policy Institute referred to debt as a “Silent Killer” because it can so often be the driver to a suicide attempt. Unfortunately, […]
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