Finance | James Rosa Associates

What do you do if you start missing the monthly repayments on your mortgage?

By Mr Bankruptcy 16th August 2024 The UK news has been full turmoil in recent weeks, but another story also alarms me – and it could badly affect many people – the rise in home repossessions that we’re seeing. But what can you do if you fall behind in your mortgage repayments. A flood of […]

Is a one-stop shop the best approach to escaping from unmanageable debt?

By Mr Bankruptcy 2nd July 2024 We like to provide a comprehensive list of services to offer clients struggling with debt, but I do hesitate to call us a “one-stop” shop. While we can provide broad debt advice to help clients understand the options available to them, I am never too proud to steer them […]

Is it better to have savings or pay off your debts?

By Mr Bankruptcy 3rd June 2024 Having some emergency money put aside for a rainy day sounds like prudent financial planning against the unexpected – whether that’s a big repair bill or keeping your head above water should you become unemployed. But if you also have outstanding debts, does it still make sense to keep […]

How are higher interest rates affecting people with debt?

By Mr Bankruptcy 15th May 2024 We waited with bated breath for May’s announcement by the Monetary Policy Committee on the Bank of England’s base rate. Would the committee decide that inflation was coming under control and reduce the rate from its recent high of 5.25%? Unfortunately, for anyone hoping that a lower level would […]

James Rosa Associates helps clients write off more than £20 million in debt

By Mr Bankruptcy 26th April 2024 When you face what looks like an insurmountable debt mountain, any relief can make all the difference, not only to your ability to clear a debt, but also to your mental wellbeing. James Rosa Associates is proud to have arranged a total of £20.6 million* in debt write-off for […]

Where can I find debt advice in the UK?

By Mr Bankruptcy 16th April 2024 If there’s one common theme to my blog posts, it’s to encourage anyone in the unenviable situation of facing unmanageable debt to seek advice. I’ve been there myself so I know how difficult it can be to own up and ask for help. Another issue is whether that advice […]

How Tailored Financial Reconstruction™ can help people get out of debt

By Mr Bankruptcy 27th March 2024 Many people find themselves facing unmanageable debt every year, but the reasons for getting into that position can be as varied and numerous as the people who come to us for help. So, when we are approached by a new client, the first step is for one of our […]

Negotiating a way out of unmanageable debt

By Mr Bankruptcy 15th March 2024 In many news stories we hear about ongoing negotiations to resolve disagreements or even conflicts. As debt advisors, negotiation is one of the services we offer clients, and it has become a key tool in many of our cases. So how does negotiating help to resolve an unmanageable debt? […]

Some ideas for reducing your debt interest repayments

By Mr Bankruptcy 14th February 2024 When it comes to debt interest, nations can have similar debt problems to businesses and individuals. According to the Office of Budgetary Responsibility, the UK spent £110 billion on debt interest alone in 2023. That’s around £5 billion more than the education budget. At over 10% of total government […]

The high, and increasing, tax burden on UK businesses

By Mr Bankruptcy 25th January 2024 UK firms are currently having to manage the largest tax burden for decades, in conjunction with a whole host of other economic challenges. What does that mean for the future of Britain as a “nation of shopkeepers”? The tax burden keeps on increasing The current corporate tax burden is […]