|
23rd July 2009
The seven day letter before action is not yet a thing of the past. However, the conduct of the Claimant before the issue of proceedings is now under scrutiny following the implication of new practice directions and pre-action conduct guidelines.
The ne... Read >
Author: Franklins Solicitors LLP17th July 2009
Surviving the recession is something on all our minds these days. And while there are many issues that come to mind, the one at the forefront seems to be debt management. Facing up to financial issues immediately will be key in getting through. There is a... Read >
Author: Robert Palmer12th May 2009
More and more people are feeling the pressure as bills mount up and they fall behind with their mortgage repayments. Often they do not face up to the situation until they are taken to court. And sadly, in about 20 per cent of cases the Consumer Credit Cou... Read >
Author: michael challiner17th April 2009
Rapid Home Solutions can help you avoid repossession by buying your house fast for cash. Before you take up this option you should explore other options to get back on track with your mortgage payments and stop repossession. You can look at cutting ba... Read >
Author: devk06th March 2009
Repossessions doubled in 2008 and expectations are that things will be worse in 2009! The council of mortgage Lenders has predicted that repossessions for the coming year could reach 75,000.
Figures suggest that the South West, Midlands and London have... Read >
Author: SearchPath25th September 2008
Are you concerned about meeting your next mortgage payment? Have you taken out a credit card to pay another? If your finances are maxed out it is time to wake up and take charge of the situation.
Falling into debt is not usually a result of irrespons... Read >
Author: SEO Positive22nd July 2008
Almost 5 million people have been accepted for credit cards in the past year, without having to submit proof of income, according to a YouGov poll.
In a survey, 4.8 million people who have applied for credit cards in the past year were not asked to pro... Read >
Author: Honor21st July 2008
A third of the UK population who are in or nearing retirement, owe a whopping £207 billion in outstanding mortgage debt; averaging at £37,316 per head reveals a new report from Key Retirement Solutions, the leading independent equity release specialist.... Read >
Author: Ruth18th July 2008
Ten years ago equity release was an afterthought and for those already retired, with 70 being the average age of a typical customer. The main reasons for this was that the majority retiring at this time would be 65, have reasonable final salary pensions ... Read >
Author: Daniel Collins26th June 2008
During the last couple of years many people have been used to shopping trips and buying a new pair of shoes or the latest accessory or technology. The problem is that despite the credit crunch hitting everybody’s finances, many people are still buying t... Read >
Author: Karl Bantleman25th May 2008
Taking out an unsecured personal loan still carries a social stigma, according to a study by Abbey Loans. A large amount of Britons are taking out loans in secret, as they are too ashamed to admit their financial position to friends and family. Over £7 b... Read >
Author: Mark Skinner20th May 2008
Figures released by the Bank of England have revealed that Britons had wracked up an astonishing £54.93 billion worth of credit card debt by the end of 2007. It is no surprise then that people in Britain are twice as likely to have plastic credit the... Read >
Author: Phil 08th May 2008
Debt is an increasing concern for many people and is a subject that is currently dominating the headlines. As adults it is our duty to warn our children about drink and drugs, and perhaps now more than ever we should consider educating our children about ... Read >
Author: Carole08th April 2008
Buying your first house can be very exciting but it can be a very stressful time as well due to the amount of financial support that is often needed.
Many young homebuyers are taking out expensive personal loans and overdrafts so that they will be able... Read >
Author: Gill19th March 2008
Few people in the UK manage their finances perfectly, with unsecured and secured loans, credit cards and mortgages adding up to a nationwide debt of billions of pounds. However, through various ways, getting debt under control isn’t an impossible task... Read >
Author: mpressman22nd February 2008
A leading loan company has discovered that a third of adults worry about managing their debts.
Around 33% of people asked said that they were concerned about how they were managing the debt they had as a result of having their credit cards, loans and m... Read >
Author: Gill11th February 2008
It is an unfortunate turn of events but nowadays people are struggling to pay the repayments on their mortgage. The cost of living has risen dramatically over the past few years and an increase in energy bills and food have meant that there is more pressu... Read >
Author: Karl Bantleman19th January 2008
If your debts are starting to build up to uncomfortable levels then now is the time to act! Procrastinate at your peril, because a debt problem that is ignored will just grow and grow, until you are left with a mountain to climb.
An increasing amount o... Read >
Author: Nick Cox14th November 2007
Debt Help in the UK is now in great demand. There are actually a number of debt help solutions available to you from numerous sources. From specialist debt help companies to companies trying to convince you to take on a debt consolidation loan. The botto... Read >
Author: Paul Hockney15th October 2007
In recent weeks, newspapers have reported that high street banks are slashing credit card limits and turning down more applications than last year. In addition, banks are purportedly monitoring credit card users more closely for impending signs of troubl... Read >
Author: Andrew Regan20th September 2007
Structuring a working debt management planA Debt Management Plan (DMP) is an arrangement between you and your creditors to enable you to repay your debts with a regular payment you can afford. In other words, a DMP is a method for paying unsecured loans t... Read >
Author: david smith13th December 2006
Abbey, Britain's second largest home loan provider, came under fire at the beginning of November 2006 after it announced its intention to offer borrowers mortgages for up to five times their salary in order to help them gain a foothold on the property l... Read >
Author: martymac07th December 2006
In recent years, financial analysts and organisations have increasingly led calls for a curb on the amount of borrowing people in Britain undertake, whether through loans, credit cards or other means. The average Briton is said to be under greater financi... Read >
Author: martymac12th October 2006
Definition of bankruptcy:
Bankruptcy is one method of getting out of debt. It is a court order that transfers
responsibility for dealing with creditors to the Official Receiver, who
also takes control of the debtor’s money and assets and distribute... Read >
Author: Benedict Rohan27th September 2006
Debt charities have reported they are hearing from an increasing number of people whose spending is out of control.
On average, people who turn to the Consumer Credit Counselling Service for advice owe £31,000 which does not include their mortgage.
Th... Read >
Author: michael challiner26th September 2006
The unregulated loans owe its origin to the Consumer Credit Act 1974 which covers all loans up to a value of £ 25000. Unregulated Loans are those loans that, at present are from £ 25000 to £ 100000. Normally, loans in UK start from the nominal amount of £... Read >
Author: Alison White30th June 2006
The Consumer Credit Counselling Service (CCCS) announced recently that levels of 'extreme debt' in the UK are worsening. According to the report 280,000 CCCS customers who were aged between 40 and 59 were shown to be in possession of the highest levels o... Read >
Author: Richard Green05th February 2006
Copyright 2006 Michael Hanna
Another year ended, and another round of UK debt statistics. CreditAction has just announced the latest summing up of the personal debt situation in the UK.
Their figures show that the end of 2005 has seen the total lev... Read >
Author: Mr McMoo02nd February 2006
This time of year is always financially hard for families who may have over spent between Christmas and the New Year. Last year house repossessions in the 1st half of the year were 33% higher than at the end of the year. The Council of Mortgage Lenders ... Read >
Author: sam lowe
|
