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Archive for the ‘General Debt’ Category

Eunoia and Help With Debt, a perfect combination.

Thursday, October 30th, 2008

Eunoia is the shortest English word containing all five main vowels. It comes from the Greek word euvoia, which means well mind. It could also mean “beautiful thinking”.
 
What has this got to do with debts and debt relief? Well I think that we all need some beautiful thinking, or positive movement of mind to try [...]

Eunoia and Help With Debt, a perfect combination. | Read Full Article>>>

Rapacious debt purchasers face checks

Wednesday, October 29th, 2008

Today at Prime Ministers question time in the House of Commons, an MP raised the cases of constituents of his who have had small debts purchased by debt purchase companies, who then seek to get judgements in default of settling these accounts. They then seek to secure these judgements on property, which they they seek possession [...]

Rapacious debt purchasers face checks | Read Full Article>>>

Debt Relief Orders to Help the most needy

Friday, October 24th, 2008

DEBT RELIEF ORDERS
FREQUENTLY ASKED QUESTIONS
 
The following is correct as at March 2008 but note that processes and legislation are currently under development and the details below may change.
 
When will debt relief orders (DROs) be available?
 
It is anticipated that debt relief orders will come into force in April 2009.
 
Who might DROs be suitable for?
 
People with relatively [...]

Debt Relief Orders to Help the most needy | Read Full Article>>>

How to get a good credit rating

Wednesday, October 22nd, 2008

It has become apparent to very many people that a credit report is used extensively in almost every area of your life. Every time you apply for a credit card, the credit card company reviews your credit report. When you apply for credit to purchase a vehicle or a mortgage a check will be made [...]

How to get a good credit rating | Read Full Article>>>

Beware of Wrongful Trading

Tuesday, October 21st, 2008

Being a Director of a limited company in today’s economic climate can be a tricky business. Trading conditions now are as hard as they have ever been, and restrictions on availability of credit combined with lengthening delays in payment and putting cash positions under strain. As a result many companies will run into financial difficulty.
Directors [...]

Beware of Wrongful Trading | Read Full Article>>>

I’ve got a new blog

Wednesday, October 8th, 2008

I’ve decided to join the blogoshpere in a big way and so I’ve created my own blog on blogger. If you’ve been interested in what I’ve had to say here and want to read more go to:-
http://steves-helpwithdebt.blogspot.com/
 

I’ve got a new blog | Read Full Article>>>

Factoring: Is it for your business?

Tuesday, October 7th, 2008

Factoring can be a great way for some companies to raise finance and shift borrowing off of their balance sheet. It is an alternative but similar to Invoice discounting. It has its pro’s and con’s
Advantages:
- It is among the quickest way to get advance cash. - Overhead charges get automatically reduced with the cut in [...]

Factoring: Is it for your business? | Read Full Article>>>

Average caller to helpline owes £20,000

Thursday, September 25th, 2008

I was trawling through the web recently and came across the following on www.yourmortgage.co.uk:
Consumers searching the Internet for debt advice owe an average of £20,000, according to recent research.
Figures from LeadPoint, a firm that provides mortgage brokers and financial advisers with details of consumers looking for financial advice, show that the average amount of debt [...]

Average caller to helpline owes £20,000 | Read Full Article>>>

Fuel Bills to soar over £1400 per year

Monday, September 8th, 2008

A report has suggested that almost a quarter of the population will be pushed into fuel poverty by the end of next year.
The number of families in fuel poverty - defined as when more than 10% of household income is spent on fuel bills - has increased by 100% since 2005.
Around 5.7 million people will [...]

Fuel Bills to soar over £1400 per year | Read Full Article>>>

Where have all the IVA’s gone? Long Time Passing.

Wednesday, August 27th, 2008

The phone is ringing off the hook. Loads of people with debt problems, very few of them with any genuine disposible income. We are not reliant on IVA’s for our income as it happens, if we have a client with a desire and the ability to maintain an IVA, then we have a preferred partner [...]

Where have all the IVA’s gone? Long Time Passing. | Read Full Article>>>
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