In today’s financial climate it can get very hard to find a little extra money to put away for that rainy day. I did not say that it was impossible just kinda hard to be able to build up the emergency fund when it seems that every day is an emergency. Here are three of [...]
Posts Tagged ‘debt’
A Few of the Best Ways to Save Money
Posted in credit crunch, debt, personal finance, savings account, tagged debt, save money, saving money on August 2, 2009 | 2 Comments »
IVA that comes with a price
Posted in Debt consolidation, IVA, debt, tagged debt, IVA on June 2, 2009 | Leave a Comment »
It isn’t good economics for an IVA for under £20,000 to be taken on due to the fees imposed by the insolvency practitioner. The amount charged by the practitioner is very steep and problems keeping up the payments can prove very difficult. You should however seek IVA advice.
It is said that a certain amount is [...]
Top ways to survive the recession
Posted in bankruptcy, credit crunch, debt, tagged credit crunch, debt on May 9, 2009 | Leave a Comment »
Boost you income
Why not take on a part time job in the evening after your regular work, or even on a weekend, sure you’ll have less time to watch television or spend time with the family but think of the extra money in your pocket that could pay for a nice holiday or just help [...]
Bankruptcy Or Administration Orders
Posted in Debt consolidation, bankruptcy, debt, tagged bankruptcy, debt on April 9, 2009 | 1 Comment »
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 [...]
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 [...]
Tips on Surviving the Recession
Posted in bankruptcy, credit crunch, debt, savings account, tagged credit crunch, debt, joblessness, recession on March 18, 2009 | 8 Comments »
Savings
If you have savings then up to £50,000 is guaranteed in UK regulated building societies and bank. This is an allowance for each person so if you have a joint account then up to £100,000 is covered. This all only applies per bank registration and some banking brands will hold them same registration so only [...]
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 [...]
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 [...]
Going to the family bank
Posted in bankruptcy, debt, personal finance, tagged debt, debt repayment on January 12, 2009 | Leave a Comment »
The words “neither a borrower nor a lender be” are wise words indeed. When you are in need of debt help, it is very tempting to turn to your family, as they are the people you expect to be able to rely on. How can they refuse you help when you need it most? However, [...]
Nothing to show for debt
Posted in Credit cards, bankruptcy, debt, tagged Credit cards, debt on December 10, 2008 | Leave a Comment »
Some people look at their credit card debt and wonder how their balances came to be so high when they have nothing to show for it.
Entertainment and new clothes are a sure-fire way to add large sums to your credit balance on a ‘buy now, worry later’ basis. The odd meal here and a [...]
