Bankruptcy And Your Tenancy Agreement
Everyone knows that, if you’re a homeowner, you might have to sell your house and flat if you become bankrupt. But what happens if you’re living in a rented property? This article from Bankruptcy...
View ArticleBankruptcy And Guarantor Loans
Guarantor loans are becoming increasingly popular as a way for people with poor credit history, or no credit history at all, to obtain credit. As the name suggests, the loan is ‘guaranteed’ by a third...
View ArticleYoung People Drowning In Debt
A new report from Citizens Advice has revealed the startling extent of the unsecured debt problems that are plaguing our nation’s youth. The charity has seen a 21% rise in requests for help from the 17...
View ArticleNew Fee-Free Bank Accounts Could Help Bankrupts
One the results of declaring bankruptcy is that you’ll usually need to close your existing bank account and open a new one – often with fewer services and stricter terms than your old account....
View ArticleBritish ‘Bankruptcy Capitals’ Revealed
The Insolvency Service has published statistics showing the areas of England and Wales where people are most likely to declare a form of personal insolvency. As in 2013, Welsh constituency Vale of...
View ArticleAverage UK Consumer ‘Debt-Free At 69’
A new report has revealed that the average UK consumer will finally become debt-free at the age of 69 – a whole 12 years later than expected. The research, carried out by the Centre for Economics and...
View ArticleProtecting Personal Assets From Business Bankruptcy
It’s a common dream to own your own business but sadly, things don’t always go to plan. And if your business ends up crashing down around your ears, the last thing you want is your personal life...
View ArticleDo I Qualify For A Debt Relief Order?
Debt Relief Orders (DROs) were introduced by the Government in 2009 as an alternative to bankruptcy for people in certain circumstances. A DRO can only be set up by an approved intermediary, which...
View Article5 Signs You Might Be Facing Bankruptcy
Here in the UK, debt is a national crisis affecting people from all walks of life. And when debt really gets out of control, declaring bankruptcy is often the only viable option for dealing with them....
View ArticleImportant Bankruptcy Changes From April 2016
The Government is making some important changes to the bankruptcy application process, and to bankruptcy fees, in England and Wales from 6 April 2016. This article from personal insolvency experts,...
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