By Mr Bankruptcy 16th January 2025 You had a great idea for meeting a need or solving a problem, you spotted a niche in the market and you decided to take the plunge and set up a small business or become self-employed. You turned your idea into reality, but instead of enjoying the rewards for […]
Read moreBy Mr Bankruptcy 30th September 2024 Facing an unmanageable debt is a tough experience but someone not in that situation might assume it was your fault – you can’t manage your finances or spent money recklessly. But it’s rarely as black and white as that; and debt problems are affecting more and more people in […]
Read moreBy 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 […]
Read moreBy 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 […]
Read moreBy Mr Bankruptcy 15th November 2023 Times continue to be tough for businesses and last quarters’ insolvency figures clearly demonstrate just how difficult it still is for business owners to avoid unmanageable debt in a challenging operating environment. Insolvencies are on the increase The most recent government figures revealed that between 1 July and 30 […]
Read moreBy Mr Bankruptcy 26th October 2023 If you are a director of a business in financial difficulty you will probably be under a fair amount of stress. You may be fully occupied planning the next steps for your business and thinking about employees, but spare a thought for your own future and how you could […]
Read moreMr Bankruptcy 30th June 2022 What does it mean to a business owner or director to become a personal guarantor on a business loan? What are the advantages and disadvantages and what might the consequences be in the current economic climate? A personal guarantee A personal guarantee is a legally binding legal agreement between a business […]
Read moreBy Mr Bankruptcy 29th September 2021 When company directors set up a limited company, in part this decision is driven by the desire to limit personal liabilities if the business gets into financial difficulty, but are they fully protected from all liability? What is a financial liability? Liabilities are monies or debts owed by a […]
Read moreBy Mr Bankruptcy 15th March 2019 I’ve seen a large increase in my debt casework involving personal guarantees lately but it’s been a while since a case involved one of the big four UK high street banks. Most of the problem debt cases I’m dealing with involves secondary lenders. So what’s going on with secondary […]
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 […]
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