By Mr Bankruptcy 27th February 2019 One of the first things I get asked by clients who find themselves with unmanageable debt and facing statutory debt solution such as an IVA or filing for bankruptcy is whether they will lose their house. As I explained in a previous blog post, during bankruptcy proceedings secured loans […]
Read moreBy Mr Bankruptcy 30th January 2019 Last January Carillion announced it had run into trouble and went into liquidation. It’s not surprising that January 17th, Blue Monday, is considered the most miserable day of the year – and the weather doesn’t help. Carillion’s problems were caused by losing money on contracts and running up large […]
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 more