Insolvency | James Rosa Associates

Do you know the financial impact lockdown has had on you?

By Mr Bankruptcy 18th June 2020 In April, The Guardian reported the economic impact of the lockdown would mean households will see a monthly fall in disposable income of £515 per household. In addition, between the 20 and 30 March 2020, 49.6% of people in Great Britain reported “high” anxiety, the most common causes being […]

The road to managed debt

By 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 […]

How to find some “breathing space” when being pursued over debts

By Mr Bankruptcy 19th May 2020 Do you jump when your phone rings? Do you dread opening the mail or reading your e-mails? If you’re being chased by creditors, these can trigger a real sense of dread because you’re worried they contain demands or reminders for payment. The current situation has made this feeling even […]

What should your business be doing if you’re worried about insolvency?

By Mr Bankruptcy 29th April 2020 In March, The Independent newspaper reported that almost a fifth of UK’s small businesses could be gone within a month due to the financial crisis caused by Covid-19 restrictions. This is despite the billions of pounds of support being made available by the UK Government and the changes made […]

What should businesses be doing during the coronavirus pandemic to protect themselves?

By Mr Bankruptcy 20th April 2020 Many businesses are learning to switch from business as normal to a day-to-day routine that’s managing change, repurposing resources and mitigating risks raised by Coronavirus. In my role as a debt advisor and adjustor I see a lot of what companies do, and fail to do, when it comes […]

What does the future hold?

By Julian Donnelly 9th April 2020 As I am writing this, we find ourselves in the middle of a lockdown due to the COVID-19 pandemic. Needless to say, these are unprecedented times and nobody can be certain what the future holds. A lot of people have said to me that I must be really busy […]

Managing debt in a time of Covid-19

By Mr Bankruptcy 31st March 2020 The financial impact of the Covid-19 emergency is yet to be fully revealed but it is undeniable that it will be serious. For people already in debt, the stress of losing income can seem too much. To help you navigate your finances at this time, we have some key […]

Time to call in expert debt advice for your clients?

By Mr Bankruptcy 19th March 2020 I hope I’ve made my mission at James Rosa Associates clear: “To be recognised as the most trusted source of debt advice and support in the UK with a reputation for excellence and integrity”. I work hard every day to achieve this aim, to support individuals, professional advisers and insolvency practitioners […]

Do you know how to prioritise your debts?

By Mr Bankruptcy 3rd March 2020 If you are in debt to multiple creditors it can be overwhelming, but knowing which debts to pay first can help you to clear them all quicker and therefore save you money. What is a priority debt? Priority debts are not necessarily the largest debts or those with the […]

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 […]