Martin Henderson is in a fix these days. Because of his failure to repay a loan he had taken a few years back, he has been adjudged as a bad credit case. And, in spite of much effort, he has not been able to get a loan or a mortgage. Lenders do not want to [...]

Insolvencies alert Huddersfield Examiner, UK - 29 minutes ago Accountancy firm KPMG said it expected more than 150000 people to enter an Individual Voluntary Arrangement – where an individual in financial difficulties …

More here: Insolvencies alert - Huddersfield Examiner

One thing I have written about for years is just the cost to be alive!  The cost of food, shelter, clothing, medical, etc, the basics, what is cost just to wake up each day in a reasonable comfortable surrounding and have meals.
Source: The Cost to Live

The Individual Voluntary Arrangement which provides an opportunity for the debtor struggling with unsecured debts to make a payment proposal to their creditors is a shield that protects people from Bankruptcy. It’s nearly 22 years since the IVA was introduced by the Insolvency Act of 1986. Today, in this sluggish economy, Individual Voluntary Arrangement advice [...]

The Individual Voluntary Arrangement which provides an opportunity for the debtor struggling with personal loans or debts to make a payment proposal to their.

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How To Avoid From Being Bankruptcy

Debt collectors in the UK have been given new powers to collect debts at a time when consumers are facing growing economic tension and uncertainty. Under the new regulations debt collectors would be allowed to force their way into home, restrain residents and seize property in order to pay off credit card bills.
Source: Baliffs Get [...]

Debt counsellors Debt management companies can offer an excellent service for large amounts of out of control debt. If you are having difficulties keeping up with any repayments, then do seek advice from a debt counsellor. They are professionals and know how the creditors work. If you have your debt management plan accepted, a singular [...]

At a time like this, it’s no surprise that many borrowers with debt problems are looking to solve them with a debt consolidation loan. What is surprising is the lack of ‘debt awareness’ which people seem to exhibit: in a survey by CreditExpert.co.uk, only 26% of respondents were able to ‘accurately state’ how much they [...]

It appears the government is doing something to address the consumer’s need for help in paying back their credit card debt.
Source: More Time to Pay Your Credit Cards