Free Professional Debt Advice
The official UK law is only a few years old, but it’s well used. The Debt Relief Order, established in 2009, provides a quick and cheaper method for achieving relief from overwhelming debt without filing for bankruptcy. The Debt Relief Order, or DRO, is an alternative for people who don’t have a lot of disposable income to pay off their loans. Chain and Ball of Debt Over 44,000 people filed for a DRO since 2009. Of those, nearly 11,000 were men and women between 25 and 34 years … [Read more...]
The title of this article is a play on a popular book entitled “Men are from Mars, Women are from Venus”, a best seller originally written in the 90’s by John Gray and delves into relationships between men and women. The author posits that there are fundamental differences between men and women and how they go about relationships. That basically men are from Mars and women from Venus and each behave according to their own definition of social norms on their respective planet, Mars or … [Read more...]
Many people having debt problems hope to have their debts written off, and indeed, this is possible to do, but only in cases of insolvency. The simple fact is creditors want their money back and they are not in the habit of letting people walk away from their debts, if they did then they would not stay in business for very long. Need Advice on Writing Off Debt? Get Free Debt Advice Today Complete the form below and an advisor will call you back. The only way that you are going to … [Read more...]
Debt reduction is a cornerstone of debt management. In order to reduce debt you first have to take control of your finances and stop yourself getting any further into debt. It goes without saying that the amount of debt you incur or are able to repay comes down to a very simple equation: Total Income - Total Expendature So in order to do what you can to increase income and reduce expenditure. Of course, servicing debt itself is usually part of that expendature and there are things that … [Read more...]