Mr Bankruptcy | James Rosa Associates

Could a payment holiday help ease your financial situation?

By Mr Bankruptcy 26th November 2020 Lockdown followed by the impact of Covid-19 restrictions have led to many people losing their income or seeing it severely reduced overnight. Banks and lenders have reacted by introducing short term payment holidays to support their customers while they adjust to their new situation. The time period for payment […]

We’re a finalist for the TRI Awards 2020

By Mr Bankruptcy 13th November 2020 We are very excited to announce that for the second year running, James Rosa Associates are a finalist for the Turnaround Restructuring & Insolvency (TRI) Awards for Personal Debt Solution Provider of the Year. In addition to being a TRI Finalist, we have also been recognised again this year […]

Are you at risk of running a zombie company?

By 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 […]

It’s our 10th birthday and we’re ready for the next 10 years

By Mr Bankruptcy 11th October 2020 The 11th October will mark James Rosa Associates’ 10th Birthday. Reflecting on the past 10 years, I am incredibly proud of the debt advisory services and support we have provided to many businesses and individuals. Yet, as we look forward, I am in no doubt that our services will […]

Facing redundancy? Steps to take if you’re worried about debt

By 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 […]

What you should be thinking about before applying for a payday loan

By 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 […]

What could be the impact of the furlough scheme ending?

By Mr Bankruptcy 25th August 2020 When the Chancellor announced the Job Retention Scheme, commonly known as furlough, millions of employees and businesses breathed a sigh of relief as it provided some short-term security whilst the UK and the world adjusted to managing the global Covid-19 pandemic. Now that the furlough scheme is due to […]

Spotting the signs that someone close to you is heading into unmanageable debt

By 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, […]

Key questions to ask yourself when managing your debt

By Mr Bankruptcy 29th July 2020 Figures back in January showed that the average debt per adult in the UK was £31,845, which is 112% of average earnings. If you were a country, you’d have a slightly smaller debt problem than Jamaica but a worse one than the USA. These figures show not only the […]

Understanding debt jargon

By Mr Bankruptcy 10th July 2020 Many industries and professions have their own specific words and terminology. For those who aren’t a regular part of that industry, jargon can be an impregnable barrier to understanding what’s happening and what you need to do. If you find yourself with an unmanageable debt for the first time, […]