By Mr Bankruptcy 29th April 2021 Did you know that it may be possible to negotiate a settlement with your creditors? This could clear your debts quicker than you had thought possible, so that you can move on with a debt free life. What is a negotiated settlement? If you have a lump sum of […]
Read moreBy Mr Bankruptcy 27th May 2020 Many businesses are trying to adapt to new ways of working during lockdown and for those which are also managing existing debts, this additional burden is taking a toll. For many, lockdown is exacerbating debt problems and it can be hard to know what to do next. Managing debt […]
Read moreBy 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 […]
Read moreBy 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 […]
Read moreBy 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 […]
Read moreBy Julian Donnelly 27th January 2017 Since taking over the regulation of consumer credit in 2014, the Financial Conduct Authority (FCA) has made great strides raising standards right across the board, and in particular the payday loan and debt management sectors. One of the cornerstones of the new regulatory approach is “Treating Customers Fairly” […]
Read moreBy Julian Donnelly 4th August 2015 Now I have your attention, I must stress that this is not representative of the sort of results we frequently get – I find it an interesting case study as it does highlight some interesting points in relation to personal guarantees (PGs) issued by the banks. Generally speaking, banks […]
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