Blog - Debt Solution

Bailiff Action – County Court Judgement – 6 Tips to Stop It

Having unpaid debts is a stressful situation for anyone. Unfortunately, if you are unable to pay what you owe, the consequences can be even more painful. You could be taken to court and face legal action from your creditor. In the UK, bailiffs are generally not allowed to enter your property or continue action unless …

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bounce back loan repayment help for sole traders

Struggling to Repay Bounce Back Loan – Do not wind up company if you do not want to :

Are you as a business owner unsure about the future of your sole trading / Ltd company business and struggling to pay a Bounce back loan or the use of a bounce-back loan it may be worth seeking professional support? It is considered preferable to deal with the matter now than to risk being investigated …

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help to Bounce Back Loan Repayment

Are you a Sole Trader Suffering from Bounce Back Loan Repayments?

The Bounce Back Loan Scheme (BBLS) offered emergency funding for companies and sole traders at the peak of the coronavirus pandemic, and the Bounceback loan was instrumental in keeping many Ltd companies and the sole trader’ businesses afloat. A huge number of sole traders still experiencing financial distress, however, what happens if you. Cannot afford …

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County Court Judgment (CCJ) - What Is It And What Can You Do If You Get A County Court Claim Form?

County Court Judgment (CCJ) – What is it and What can you do if you get a County Court Claim Form?

What is a CCJ? A County Court judgement (CCJ) is a court order that directs you to pay a loan or payment you owe towards a financial debt. It is just one of the actions your lenders can take, as one component of the debt collection process. If you receive a County Court claim form, …

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Debt Management – A Suitable Option For Individuals Struggling To Repay Small To Medium Level Of Debt

Debt Management – A Suitable Option for Individuals Struggling to Repay Small to Medium Level of Debt

Debt Management is an effective solution for individuals, struggling with mental /psychological harassment of debt recovery companies for debt repayment. Also, it is a suitable solution for those who have small to medium levels of debt. It is hard to ignore large font recovery letters, court action threats and debt recovery call during daytime and …

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Free-Debt-Advice-

Debt Management and Free Debt Advice

Introduction Some debt management plan providers also give debt advice, and it is important to adhere to it. If they do provide debt advice, this also comes under the FCA rules.  Any debt advice a DMP provider gives you should be in your best interests (read “Reason why letter”). And that includes whether you are offered a …

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Debt Worries You? Let Debt Problems Be Dealt Via A Suitable Debt Solution Plan

Debt Worries you? Let Debt Problems be Dealt via a Suitable Debt Solution Plan

Money worries are common, but they shouldn’t take over your everyday life and mental peace. Find out what steps you can take to get them under control. Financial troubles and debt problems are often linked to anxiety and depression. This connection is understandable. If you are finding it hard to afford your repayment on credit commitments, …

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Tips On New Mortgage Loan Or Remortgage Of Existing Loan

Tips on New Mortgage Loan or Remortgage of Existing Loan

If you prefer to take advantage of low rates on a new mortgage loan (First-time buyer / Buy to let or remortgage), the following point should be considered essential to find the right mortgage products. Choose Whole of the Market Mortgage Advisor Do not solely rely on a few high street banks for your mortgage, …

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HMRC Tax – Time To Pay Debt Solution

HMRC Tax – Time to Pay Debt Solution

Introduction If you cannot afford to pay your HMRC tax bill in full and on time, HMRC may agree to pay by instalments. Sometimes, there may be a Debt Collection Agency on behalf of HMRC to collect tax bills.  Debt Collection agencies can contact you to collect your HMRC tax bill from previous years. They …

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Effects Of Paying Minimum Payment On Your Credit Cards

Effects of Paying Minimum Payment on your Credit Cards

Introduction The minimum payment on credit cards only keeps you in debt longer, costs you money in interest, brings many money worries and could hurt your credit score. It is always good to keep a monthly budget of your income and expenditure to be in sound financial control, but it is a terrible plan to …

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Can Your Unsecured Debt Be Written Off? Know From Our Expert

Can your Unsecured Debt be Written Off? Know From our Expert

Introduction We have heard from various friends and adverts suggesting that your unsecured debt can be written off. It sounds too good to be true and most debt solution companies who offer formal debt solutions (especially IVA) entice people to take out formal debt plans. In many cases, it is better to take debt advice …

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Dealing With Debt Problems During Covid-19

Dealing With Debt Problems During Covid-19

Debt Problems During Covid-19 There is a continuous lockdown in most of the parts of the United Kingdom. This continuous lockdown caused severe damage to the economy and household incomes. This blog looks at what support is available during these difficult times and how you can deal with debt problems during Covid-19. There are over …

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