debt advice News

The insolvency trade body has launched their campaign for a change in the law[i] which could result in over 2,000 more businesses being rescued each year.

National debt advice charity Debt Advice Foundation has developed a new interactive savings advice tool for children in response to growing concerns about the nation’s ability to understand financial capability basics.

Living in debt is one of the worst things that one should have to live with as it can be very frustrating.

Late payments by companies – an early indicator of weakening trading – have increased to the highest level in three years, Experian has warned.

UK government u-turn on £27 million funding for free debt advice service

The taxman has announced that in a campaign commencing after July 2011, some 200,000 small businesses will be selected for one of HMRC’s new “Business Records Checks” aimed at raising an extra £600 million over four years.

The Forum of Private Business is warning small firms to keep proper financial records or face fines in excess of £3,000.

The number of directors disqualified by the government for misconduct, such as fraud, has failed to keep pace with an increased number of reports of potential misconduct, according to research by insolvency trade body R3.

This question is one of the most frequently asked. Firstly, the chances are that if you require a trust deed, then your credit rating will already be affected by either having to much credit or missing payments and/or default notices.

Credit card companies are now repaying customers most expensive debts first. Previously customers repaid the cheapest, including 0% borrowing first; leaving them paying interest on other debts for longer.

Research carried out by national debt advice charity Debt Advice Foundation has revealed that, given the choice, the majority of people that are struggling with debt would prefer to repay their debts in full rather than have them written off.

Former Gangmaster Kashmir Singh was this week disqualified for 13 years from being a director of a company following an investigation by the Insolvency Service.

On Sunday, Ireland finally agreed to request a financial rescue package. Although details have yet to be finalised, approximately Eur 80bn is to be made available, equivalent to about half of Ireland’s GDP.

Banks and building socities are writing off millions of debt every day. What should you do if you are struggling with unsecured debt repayments?

The latest energy price hikes will put further pressure on family finances this winter. Find out how you can get help if you're facing increasing debts.

The £85 Billion bailout of the Irish economy will cost every UK family £300.

Figures show that HMRC is making it harder for businesses to defer tax payments through the ‘Time to pay’ scheme says Syscap, the UK’s leading independent finance provider.

M&S Money has revealed new research that shows that many UK parents admit they are still worried about whether the next generation will be able to manage their own money, despite the credit crunch and the focus on finances in the current climate.

Nowadays many consumers are facing lot of unwanted situation due to sudden recession. One of the main reasons for this unpleasant situation is the unlimited use of credit cards.

For low income families, the increasing cost of living in the lead up to Christmas is going to spell more debt problems, according to Payplan. The free debt advisor urges anyone who thinks they are likely to face money worries, to act now.

The latest Insolvency Index from Experian®, the global information services company, has revealed that business failures in the North East of England more than doubled in the space of two months.

A former footballer has been threatened with bankruptcy proceedings over non-payment of a £2,281 council tax bill.

Concern amongst the elderly about the cost of rising energy bills this winter. Many of these people are already living in poverty and may have debt problems, what can they do to get help?

New demand for Pay-as-you-view borrowing, but concerns over high APR's causing debt problems amongst the poorest in society...

Gas bills are set to rise for but will the 'big six' UK energy suppliers follow suit and increase prices accross the UK?

Today huge credit card debts can be easily negotiated and eliminated using debt relief. Here, your relief service will intervene between you and your creditors in order to eliminate your debts.

Avoiding the debt you owe isn't the way to deal with credit card debit. In fact it can come back to bite you with even higher amounts do.

UK house prices continue to fall & fist time buyers have to cope with average deposits of thirty seven thousand pounds

Have you amassed a mountain of debt and are now wondering how to get out of it? Here are five simple steps that will certainly help you to get out of debt fast, along with preventing you to face the similar circumstances ever again:

Overdraft charges to change, but will the new fees put people further in debt?

Keeping a balance on your credit card for 2 years or more? Credit card debts are still causing concearn for millions of Brits...

Government cuts will affect the poorest in society; warning from Debt Advisory Line

Student debts how can they affect your ability to obtain a mortgage?

People often talk about credit cards and all the evil it can do you but have often have you stopped to think of all the good that credit cards can do for you.

Debt can be overwhelming, and especially so when it gets out of control. In most cases, people reach a point when they are unable to manage their debt, and consequently end-up in deep financial crisis.

Are you up to your eyeballs in credit card debt? Are you so deep in the hole that you can't find a way out? Are you tired of all the cliches about being in credit card debt? If so, it's time to find credit card debt relief.

Corporations discovered a major need of most credit card holders. They wanted a technique to settle their major credit card debt.

Organizations identified a strategic need of the majority of credit card holders. They demanded a solution to settle their substantial credit card debt.

Firms found a worthwhile need of the majority of credit card holders. They expected a manner to settle their massive credit card debt.

New laws recently passed by the Federal Trade Commission give consumers a legitimate option to avoid bankruptcy and legally settle credit debt.

The credit card debt relief market used to be littered with shady debt settlement companies. However new laws passed by the FTC on July 28th 2010 have made the debt settlement process much more legitimate.

There is no sure-fire 'get out of debt quick' scheme that you can undertake to get rid of all your debt problems.

As we all know, it is easier to avoid things that cause problems than it is to try to fix them once we are already there and debt is no different.

It is a fact that millions now are suffering due to loss of jobs and the difficulty of finding new ones. The future is a still hazy and nothing seems to be sure as of the moment.

The role that money plays in our life is incredible and so is the fear that the word 'Debt' brings in our life.

A Debt Settlement Backend Company reviewed how people fall into so much debt with their credit cards.

Massive credit card debt threatens the demise of millions of households but only because there is a whole lot of information the banks and card companies would rather keep secret.

So many Americans are in debt and seeking debt relief options. So what are your options if you are in debt and need help?

As federal oversight endeavors go, the CARD Act was almost irritatingly gentle and the dozen or so changes to the laws so specific and disparate and difficult for the lay person to comprehend.

The amount spent on credit cards increased in August, fuelling concern that consumers may be overspending and leaving themselves open to credit card debt.