Tag Archives: Personal Debt
Comparing an Individual Voluntary Arrangement with Bankruptcy
In looking to cope with personal insolvency it’s almost inevitable that the debtor will have to examine the two most important solutions to be found in the Britain, namely entering into an Individual Voluntary Arrangement (IVA) or petitioning for Bankruptcy. … Continue reading
Why Should Creditors Be Able to Claim My Property?
Once you owe money to loan providers or some other lenders they’ve got the legal right to seek the payment of such obligations in keeping with the conditions and terms under which the monies were borrowed or the liability was … Continue reading
Student Debt Problems ahead for Students
Many young people who plan to graduate this year may perhaps have debts of £25,000 or over to reduce their excitement while they look to get into a less than buoyant jobs market. Surveys are finding that half of individuals … Continue reading
Experiencing the Penalty of Personal debt
Capital punishment for even the most heinous criminal offenses has long been abolished in many western democracies with a few important exceptions like the USA. In regard to debt however, the USA has a most benign range of laws and … Continue reading
Different kinds of Personal Financial Debts
Consumers occasionally have difficulty in distinguishing between types of personal debt and loan companies can occasionally be not so helpful in outlining some of these differences. A particular distinction that’s very important to be aware of is whether a personal … Continue reading
Personal Debt Problems with Help from the EU
The majority of consumers among member states of the European Union (EU) are not aware of a number of unexpected compensations that EU membership provides concerning personal insolvency. Those compensations are rooted in the basic principle of the free migration … Continue reading
Five Years Bankruptcy Term in Ireland
Justice Minister Alan Shatter has just published the details of the Civil Law (Miscellaneous Provisions) Bill which will have the effect of reducing the term of bankruptcy in Ireland. Bankrupts under the proposed new law will ‘enjoy’ automatic release from … Continue reading
Repaying Debts Using a Debt Management Plan
Debt Management is a simple process which you can use to reduce and clear all your outstanding debts without the need to obtain any further credit than what you already have. If you choose to use a debt management company … Continue reading
Payment Protection Insurance Claims and IVAs
Lots of lucrative claims have been undertaken and carry on being presented against creditors in relation to Payment Protection Insurance (PPI). Each and every consumer who thinks that they might have been miss-sold a PPI policy is permitted to claim … Continue reading
Relieving the Agony of Personal Debt
When people take a look at their own serious personal debt struggles they occasionally visualize how awful it would be if they had to go bankrupt. Whether or not they petition for their own bankruptcy or one of their creditors … Continue reading