Category Archives: Debt

Unsecured Debt Solutions in the UK and Who Can Benefit

There is not one solve-all, quick-fix solution for unsecured debtors to work their way out of the red and into the black. Differing levels of debt, incomes, and types of creditor have led to a range of debt-easing options to suit most situations. Here are four ways to quickly and safely work your way out of unsecured debt.

The Worrying Signs That You Are Having Financial Problems

With most things in life, realising that you have a problem is the first step towards finding a solution.

Financial problems don’t differ from anything else in this respect. However, it can be all too easy to fool yourself into thinking that everything is going ok. Of course, if you convince yourself that your finances are in fine fettle when they really aren’t then there is sure to be some trouble ahead. So how can you identify the fact that you under financial pressure?

Debt relief solutions in the UK and Scotland

With interest rates remaining at record lows and the economy appearing to be on the recovery trail you would think that debt problems and the need for debt relief solutions would be on the decline. Recent figures regarding the amount of people struggling with council tax debt however would suggest a different story, a story of families still struggling to keep up with the cost of living and maintain their current debt commitments.

How does business liquidation work?

There are a variety of reasons that can cause a business to find itself in trouble and sometimes the factors involved can snowball unexpectedly fast. An economic downturn, rapid market changes, new competitors coming into the market, a change in technologies or even just misjudgements of strategy can sometimes leave a business in an unsustainable position.

How does a debt management plan work?

More than half of adults in Britain are struggling with bills and repaying their debts, with more than 26 million facing significant monetary woes. This number has gone up by more than nine million since 2006 and reports suggest that 18 million Britons routinely run out of money before payday comes around.