OK perhaps the above headline might be accused as being slightly on the sensationalist side of things but go with me slightly as I explain my reasoning and the logic behind such a potentially controve...
There is no doubt about this area of debt consolidation and collection that it is indeed most controversial. Where and how does a legitimate well managed debt programme slide into the murky world of i...
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...
The top ten insolvency hotspots.You will never guess where they are?You have to hand it to the tabloids for constantly reminding us of the ongoing debt crisis in our country,There were 107,288 insolve...
If you are struggling with financial problems, particularly if you are being threatened with bailiffs and Court, then it is imperative you get professional debt advice as soon as possible. However, fo...
The number of people entering into an insolvency procedure in order to restructure their debts has reached a new all time record of more than 30,000 during Quarter 1 of 2007. Some 330 people either we...
Insolvency is a term often confused with bankruptcy. Insolvency is defined as not having access to enough cash to pay current bills and other financial obligations in the usual course of business. I...
The consumer credit boom of the last decade or so has led to record levels of personal debt, to a large extent secured against ever increasing property prices. Most analysts now agree that this era of...
The number of insolvencies applied for by British consumers is increasing, according to new figures.Price comparison site uSwitch has released figures indicating that the number of individual insolven...
Insolvency, as the name suggests by itself explains its harsh but realistic meaning of being financially broke. There, is often a delusion in the difference between insolvency and bankruptcy. Alth...