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 scale of the debt but the potential challenge facing you in order to clear them. On the bright side, Jamaica isn’t going to go bust and no matter the level of your debt, there are always some actions you can take to reduce the problem.
Questions lead to decisions lead to action
However, before you take action, you first need to make some decisions, and to take decisions, you need a clear idea of the situation. Here are some essential questions you can ask yourself that lead to those decisions:
Taking the next step
Debt can feel like an unbearable burden so it’s hard to face up to at times. Asking yourself some simple questions about your situation and how you feel helps bring into focus the reality of your situation. A sense of clarity lets you feel more confident in taking the next step towards regaining control of your situation.
James Rosa Associates
James Rosa associates is a firm of debt advisors and debt adjustors. With a supportive, non-judgemental and friendly approach, we offer a full range of advice and professional services to individuals and business owners/directors facing unmanageable debt or involved in civil or commercial disputes.
Our services include:
● Insolvency support
● Negotiated settlements
● Personal assisted bankruptcy
We are authorised and regulated by the Financial Conduct Authority (FRN665061) to work with clients to produce bespoke solutions to fit their specific circumstances.
Find out if you qualify for a free consultation
If you want to deal with an unmanageable debt, or bring a dispute to a swift and cost-effective resolution, contact James Rosa Associates, ring 0845 6807217 or email email@example.com to find out whether you qualify for a free consultation.
Please be advised that all views expressed in these posts are those of the author and not of James Rosa Associates ltd.