By Mr Bankruptcy 15th March 2019 I’ve seen a large increase in my debt casework involving personal guarantees lately but it’s been a while since a case involved one of the big four UK high street banks. Most of the problem debt cases I’m dealing with involves secondary lenders. So what’s going on with secondary […]
Read moreBy Mr Bankruptcy 17th December 2018 Christmas – a time for giving gifts, eating and drinking and inviting friends and family around to celebrate. But if you’re already facing a personal debt problem, or your business is suffering from cash flow issues, then you may not feel like celebrating; you may be worrying that Christmas […]
Read moreBy Mr Bankruptcy 27th November 2018 Whether you’re facing increasingly unmanageable personal debt or your business has a serious cash flow problem, the impact of debt can reach far beyond your financial world. Debt affects your wellbeing, peace of mind, family life and relationships and in the run-up to Christmas, it can make you […]
Read moreBy Mr Bankruptcy 27th November 2018 Debt doesn’t just drop on you out of the blue like a barrow load of bricks from a building site, it’s insidious, gradually spreading and growing to affect more and more of your work, private life and thoughts. So it can be difficult to notice the point when an […]
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 27th January 2016 Love it or hate it, nothing seems to polarise opinion quite like the letters “EU”. Since our entry into the European Economic Community (EEC) in 1973, it is a subject which has divided both opinions and indeed political parties ever since. With a referendum on the subject […]
Read moreBy Julian Donnelly 9th October 2015 I wrote back in July that it was seemingly likely that interest rates would go up either by the end of this year or early 2016. It now appears that the markets are not expecting a rate for another year possibly (I believe this was the same last […]
Read moreBy Julian Donnelly 1st October 2015 You may or may not be aware, but as of the 1st October 2015, the minimum debt level required to go bankrupt has been increased from £750 (where it had been since the introduction of the 1986 Insolvency Act) to £5,000. There are those that argue […]
Read moreBy Julian Donnelly 22nd May 2015 As a firm that currently generates all of its business by referral and recommendation, we tend to spend a lot of time at business networking events. I consider these events a fantastic way of developing lasting and meaningful business relationships providing you approach them in the right way and with […]
Read moreby Simon Belton, director of BM Structured Finance There has been much said in the press over the last few months about the decline in traditional bank lending to SME’s, and the Government’s failed attempts to rectify this. To fill the void left by the Big Four banks a whole raft of new financiers have entered […]
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