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No debt solution is right for everyone. The circumstances that resulted in your present debt problem may not be unique but they are personal to your situation. With this in mind, the solution to your debt problem must also be tailored to your situation. The first step in tackling your debt is to get help and advice from a dedicated professional. They’ll be able to help you decide on the right solution to suit your circumstances. [Read more…] about How A Debt Management Plan Can Help You

If you’re dealing with debt, the earlier that you ask for help, the more likely you are to avoid a severe debt problem and the most serious and invasive debt solutions on the market. Bad debts can be isolating. There is an unwarranted stigma surrounding debt that keeps many people from discussing the problem, either with an expert or friends and family. This can prevent them from seeking out the advice that would help to free them from debt and compound the stress of bad debt with the stress of keeping such a big secret. [Read more…] about The Importance of Debt Advice

Every day in the UK, it’s estimated that an average of 390 adults become insolvent. This is in spite of the supposed end of the recession last year. We’ve heard about the green shoots of recovery for a while now and the housing market is certainly showing signs of improvement. However, it’s understandable that the period of recovery may be drawn out by the number of people who lost their jobs and remain unemployed. In addition to this, there is also the damage to consumer confidence that’s stopping us all going out and spending like we did pre-recession. [Read more…] about IVA

A recent study has revealed that almost one in three personal loans that were taken out by people in the UK over the last year were actually for consolidating their debt. Debt consolidation is an understandably attractive proposition for many facing mounting debt problems. As the name suggests, consolidation of your debts makes them easier to manage. This is achieved in a number of ways. For starters, the idea is that you reduce the amount you pay out each month and only make one payment, at the same time and to the same lender. [Read more…] about Debt Consolidation

Financial questions are at the forefront of many people’s minds in the UK at the moment and have been for some time. Due to the recent financial turmoil that has swept over the country like a cloud of volcanic ash, the recent televised debate between Labour leader Gordon Brown, Conservative leader David Cameron and Liberal Democrat leader Nick Clegg was understandably focussed on such concerns. People in the UK are looking for debt advice from a number of sources and it’s to be expected that we look to our leaders to provide some reassurance of a stable hand on the nation’s financial tiller. [Read more…] about Debt Advice (HB)