Category Archives: Debt Solutions
Is Debt Management A Safe Debt Solution?
If you are struggling with your debt and are having problems repaying your debts one of the debt solutions out there is known as a Debt Management Plan. This is one of the three most popular debt solutions in the … Continue reading
What Insolvency Practitioner Should I Choose?
Consumers who are looking to find out about IVAs or other solutions for their debt problems are sometimes scared or concerned about enquiring about financial advice. Alot of people may feel ignorant in terms of their understanding of financial matters … Continue reading
Penalties for Debt
Capital punishment for even the most heinous crimes has been abolished in most western democracies with some significant exceptions such as the USA. In regard to debt however, the USA has a most benign set of laws dealing with insolvency … Continue reading
Increasing Number of Irish Citizens Insolvent
Just five short years ago Ireland was awash with the ‘nouveau riche’ of the Celtic Tiger. Brash young Irish men and women and many not so young Irish citizens were basking in the realization that their time had come. Now … Continue reading
The Contrast Between the UK and Ireland in dealing with Personal Debt Problems
The contrast between the UK and Ireland in dealing with personal debt problems is quite remarkable. The most startling contrast is perhaps the difference in the bankruptcy legislation. In the UK most bankruptcies are discharged within 1 year leaving the … Continue reading
Dealing with your Debts
Here is a list of things that you should Do and Not Do if you are in Debt… Do the following apply to you? Are your debts increasing? Are you under pressure to keep up payments? Do you want to … Continue reading
Going Bankrupt in Northern Ireland
Judging by a recent list of bankruptcy petitions, it seems that in N.Ireland almost every occupation, trade & profession has been affected by the recession. Students, unemployed persons and those who are retired have not escaped either. The law requires … Continue reading
Different Perspectives on Debt Management Plans
From the Viewpoint of Creditors While creditors differ in how they view and treat Debt Management Plans, it is probably fair to say that creditors generally look on a Debt Management Plan (DMP) as the lesser of at least two … Continue reading
Moving to the UK to sort out your debts
The UK has historically had, at best, an ambivalent attitude to its partners in the European Union (EU). It would be fair to say that during and indeed since the Thatcher era no love was lost between the UK and … Continue reading
Harmonizing Personal Insolvency Debt Solutions in the European Union
Did you know that there are now twenty seven countries in the European Union (EU) all with their own personal insolvency legislation? The mind boggles at the volume, variety and complexities of laws and regulations which this must entail. The … Continue reading
