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 [...]
Posts Tagged ‘bankruptcy’
Bankruptcy Or Administration Orders
Posted in Debt consolidation, bankruptcy, debt, tagged bankruptcy, debt on April 9, 2009 | 1 Comment »
Try To Contact Your Creditors
Posted in IVA, bankruptcy, tagged bankruptcy, debt, IVA on March 20, 2009 | 2 Comments »
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 [...]
Spending Cutbacks
Posted in Debt consolidation, Loans, bank account, bankruptcy, debt, tagged bankruptcy, debt, debt management, frugal on March 15, 2009 | 2 Comments »
It is very easy these days to get into debt just through the cost of daily living. It is a sad fact that house repossessions and bankruptcy are becoming more and more common every day. In order to avoid such drastic measures being taken, it is important to take a look at your finances and [...]
Budget to cut the unnecessary costs
Posted in bank account, bankruptcy, tagged bankruptcy, budget cut, credit crunch on March 13, 2009 | 3 Comments »
As we live in the grips of the credit crunch and the uncertain future of the economy, cutting down on unnecessary spending should be something that everyone is looking at. Cutting out the unnecessary will allow you to save some money, and, if you are in debt, help you to start climbing out.
The first step [...]
IVA or Bankruptcy?
Posted in Credit cards, IVA, Loans, bankruptcy, debt, tagged bankruptcy, debt, IVA on March 11, 2009 | 1 Comment »
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 [...]
Social stigma attached to bankruptcy
Posted in Credit cards, Loans, bank account, bankruptcy, credit crunch, debt, tagged bankruptcy, banks, Credit cards, HSBC on March 6, 2009 | Leave a Comment »
Nowadays with the credit crunch, does bankruptcy still carry a social stigma? Not as much as it used to, when you rarely heard of people going bankrupt.But in these uncertain times, it is not nearly so much of a stigma.
In fact, there is often admiration, support and a lot of sympathy if someone, who has [...]
Bankruptcy to rise by December 2008
Posted in bankruptcy, debt, tagged bankruptcy, debt, debt help on October 28, 2008 | 1 Comment »
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 [...]
Life and debt
Posted in Debt consolidation, IVA, debt, tagged bankruptcy, debt, IVA on October 16, 2008 | Leave a Comment »
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 [...]
Loan Brokers – can they find the debt consolidation loan for you
Posted in Uncategorized, tagged bankruptcy, debt on September 20, 2008 | 3 Comments »
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 [...]
Standard variable rate mortgage debt
Posted in Debt consolidation, Loans, debt, tagged bankruptcy, debt on September 13, 2008 | 4 Comments »
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 [...]