By Mr Bankruptcy 2nd June 2021 People in the UK owed £1,712.9 billion at the end of March 2021; the Citizen Advice Bureau in England and Wales was dealing with 1.673 debt issues every day in the year to April 2021. For many people struggling with unmanageable debt, being able to talk about it should […]
Read moreBy Mr Bankruptcy 20th May 2021 Earlier this month the government introduced a scheme to provide “breathing space” to help those in debt to get on top of their situation. It is hoped this year alone, 700,000 people who are in debt could benefit from the scheme, with more than £400 million in extra debts […]
Read moreBy Mr Bankruptcy 29th April 2021 Did you know that it may be possible to negotiate a settlement with your creditors? This could clear your debts quicker than you had thought possible, so that you can move on with a debt free life. What is a negotiated settlement? If you have a lump sum of […]
Read moreBy Mr Bankruptcy 19th April 2021 Bankruptcy is a term relating to debt that most people have heard of, many associating it with negative connotations as a desperate last resort, when everything’s gone wrong. But fewer people know how it works or how it could actually be a sensible solution for dealing with your debt. […]
Read moreBy Mr Bankruptcy 30th March 2021 The popularity of ‘buy now, pay later’ schemes has soared during lockdown, with 5 million people in the UK taking on this kind of financial commitment last year. Two questions arise in my mind: Why have they become so much more popular and – more importantly – what do […]
Read moreBy Mr Bankruptcy 23rd March 2021 According to the Chancellor of the Exchequer, the aim of his 2021 budget was to ensure that it “meets the moment”. For the Government, this means a budget that supports jobs and businesses as the restrictions around the pandemic lift and we return to a more normal way of […]
Read moreBy Mr Bankruptcy 26th February 2021 Resolving debts is in the interest of all parties and it doesn’t always have to be done in court, with all the cost and heartache that can cause. For many of my clients, mediation is a positive step to addressing both the financial burden of their debt and the […]
Read moreBy Mr Bankruptcy 17th February 2021 Making the changes required to take control of an unmanageable debt problem is tough. It requires a change in both spending and saving habits. However, the one thing harder to change than a habit is a belief, so if you’ve already come to the conclusion that you must bring […]
Read moreBy Mr Bankruptcy 29th January 2021 The Covid pandemic has had a serious impact on individuals and businesses, and many people are going to need help with unmanageable debt in the months and even years to come. The true extent of the effects of lockdowns and a restricted economy is now being understood and the […]
Read moreBy Mr Bankruptcy 21st January 2021 Before founding James Rosa Associates in October 2010 Julian Donnelly’s journey to becoming a civil and commercial mediator has been a personal one, after he himself experienced personal bankruptcy following redundancy and a relationship breakdown. It was this experience that led Julian to working with the professional firm which […]
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