Tag Archives: Personal Debt Management

How To Rank Your Debt Payments

People have to live so in assessing which bills to pay first, one must consider the essentials of life – food and shelter. Making sure you pay your priority debts comes before all your other debt payments and is regardless … Continue reading

Posted in Debt Management Plans, Debt Payments, Debt Repayment, Insolvency, Insolvency Practitioner, IVA, IVAs, Personal Debt, Personal Debt Management, Personal Insolvency | Tagged , , , , , , , , , | Leave a comment

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

Posted in Creditors, Debt Advice, Debt Management Plans, Debt Payments, Debt Repayment, Debt Solutions, Individual Voluntary Arrangement, IVA, IVAs, Personal Debt Management, Personal Insolvency | Tagged , , , , , , , , | Leave a comment

Repaying Your Creditors

You will probably understand creditor harassment if you cant afford to your debts when they are due or you have fallen behind in debt repayments. They will start with sending you reminder and overdue letters. If you cant make the … Continue reading

Posted in Bankruptcy, Creditors, Debt Advice, Debt Management Plans, Debt Payments, Debt Repayment, Individual Voluntary Arrangement, Insolvency, IVA, IVAs, Personal Debt, Personal Insolvency | Tagged , , , , , , , , , , , | Leave a comment

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

Posted in Bankruptcy, Debt Settlement Arrangement, Debt Solutions, Individual Voluntary Arrangement, Insolvency, Insolvency Practitioner, Irish Debt, Law Reform Commission, Mortgages, Personal Debt, Personal Debt Management, Personal Insolvency | Tagged , , , , , , , , , , , , , , | Leave a comment

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

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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

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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

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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

Posted in Bankruptcy, Creditors, Debt Solutions, Insolvency, Irish Debt, Personal Debt, Personal Debt Management, Personal Insolvency | Tagged , , , , , , | 5 Comments

Who is to blame for my personal debt?

Wanting to blame somebody else for our own financial problems is an entirely predictable and human reaction, particularly in the current recession. There has been a huge growth in personal indebtedness in the last ten years, particularly mortgage debt and … Continue reading

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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

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