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    • 1.

      Personal Insolvencies are at Record Levels Across the Uk: Which Way for the Debtor?

      by Martin Mcallister - 2007-01-09
      In the UK, when a debtor owes a sum of money in excess of £750 to a creditor, he can be made bankrupt by the creditor applying to the court for a bankruptcy order to be granted against him. This sum...
    • 2.

      What Happens When you Can't Meet your Financial Commitments?

      by Martin Mcallister - 2007-01-19
      Mortgages, loans and credit card debt have brought UK consumer debt to over £1 trillion. Yet each day, more and more people are finding themselves in financial difficulty which they cannot get out of...
    • 3.

      Individual Voluntary Arrangement: How Does It Work?

      by Martymac - 2007-01-23
      With levels of consumer debt having recently surpassed £1 trillion in the UK, more and more people have found themselves in the unfortunate position of having insufficient funds available to cover...
    • 4.

      Risky Business: dealing with poor payers is a business nightmare

      by Martymac - 2007-01-25
      As a business owner, it's rarely possible to completely guard against bad debt; after all, the only way to avoid debt would be not to trade at all. Running a small business is not without risk, but...
    • 5.

      Debt Write-off at Record High in 2006

      by Martin Mcallister - 2007-02-06
      As consumer debt in the UK hit £1trillion in 2006, a recent report states that creditors had written off £1.4billion of personal debt during the same year. The record amount has been written off aft...
    • 6.

      Consumer Debt: Where Did it Come From?

      by Martin Mcallister - 2007-06-28
      In recent times, there have been growing concerns with regard to the ever-increasing levels of consumer debt in the UK. Such is the height of the problem that recent figures revealed that by the end ...