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Posts Tagged ‘bankruptcy’

Twitter has taken over and I spend more time on twitter than I should.My poor little blog wishes I’ll pay more attention to her. Let’s address a real problem – BANKRUPTCY. I have written a lot of articles on this topic and will always do.
Administration orders is one alternative to bankruptcy and is [...]

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Try To Contact Your Creditors

The thought of going bankrupt can be scary, but there are alternatives. The first alternative is to contact your creditors and try to reach an informal agreement. Explain to them that you are experiencing difficulty with their current repayment terms and try to negotiate a more suitable agreement. Most creditors would rather take this option [...]

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IVA or Bankruptcy?

Both of them are legitimate ways out of debt. Which is better? Well like most things it does depend on your individual circumstances. With bankruptcy your debt is written off, but there is a cost; with IVA only some of your debt is written off.
An IVA or Individual Voluntary Arrangement is where you set up [...]

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Bankruptcy is on the increase and set to rocket by the end of the year, as Britain locks horns with over £1.3 trillion worth of debt.
At present, over 26,500 people in the UK have declared bankruptcy or arranged an during April – June of this year. This is an increase of 4.2 per cent [...]

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Life and debt

Some people are so deep in debt, they will never know what it is like to not owe anyone money.
Some families have raked in debt so high that they can only afford to make minimum payments to all of their creditors. Debt Free Direct commented that unless a miracle happens such as a jackpot [...]

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Loan brokers will happily take on board many lost souls in serious need of debt advice by offering some form of hope to those plagued with CCJs, defaults and even bankruptcy.
Loan Brokers can source debt consolidation loans, car loans and even mortgages by acting on your behalf to obtain an appropriate loan for your [...]

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Standard variable rate mortgage debt
The most costly investment you will ever make is the purchase of your home so make sure that your prized possession doesn’t lead you on the road to bankruptcy!
When buying a home steer clear of a full standard variable rate mortgage. It is evaluated by the base lending rate of the [...]

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