Bank of Scotland “IF YOU DO NOT MAKE A PAYMENT, WE MAY TAKE ANY FUNDS YOU HAVE AVAILABLE IN ANOTHER CURRENT OR SAVINGS ACCOUNT THAT YOU HOLD WITH US, EVEN IF IT IS A JOINT ACCOUNT.” If you are having … Continue reading →
A Brief Guide to Company Voluntary Arrangements (CVAs) Many businesses in the UK are experiencing financial turmoil for a number of reasons – whether it be failing to keep up with shifts in consumer trends (as in the case of … Continue reading →
If you’re planning a new business venture you’ll know that the first few months are crucial to ensure your venture survives long-term. A relatively high percentage of new businesses don’t make it past the first year of trading, and no-one … Continue reading →
Debt Collection Letter Here is a letter that a Debtor received from RSM Tenon, chasing a debt of over £4000: RSM Tenon RecoverySalisbury House, 31 Finsbury Circus,London EC2M 5SQ Dear NAME Re: NATIONAL WESTMINSTER BANK – Outstanding Balance: £4925.10Sort Codes: … Continue reading →
When you feel like you’re going under because you’re struggling with a debt problem, it can be difficult to see light at the end of the tunnel. The amounts you owe just keep mounting up as you can’t meet repayments … Continue reading →
Build Trust by Building a Better Credit Score It’s good to be trusted, especially if you want to borrow money. Unfortunately many consumers across the country have lost the trust of lenders due to having bad credit scores. The ability … Continue reading →
Individual Voluntary Arrangement (IVA) Warning! On a certain advert there is the following warning: “An IVA should only be considered in extreme circumstances. It is a formal agreement supervised by and insolvency practitioner. Failure to adhere to an IVA could … Continue reading →
Despite Wanting to Pay – Still Threatened with Bailiffs! There has been lots of news lately about councils using bailiffs to collect debt! It would appear that some debt collectors are making huge sums if money from collecting council debts. … Continue reading →
What a joy it was to read the paper this morning and to read the following headline: Victory Over Cold Callers I have in previous posts here and in other places complained about receiving lots of cold calls in a … Continue reading →
If you’re struggling with debt, you may not know where to turn. You don’t need to struggle alone, however. Getting debt advice from a professional organisation – like the Debt Advisory Centre (the author of this article) – could put … Continue reading →
Deep in Debt and Needing Help Here is an eMail that I received just last night “From: MRS L name@hotmail.co.uk Message:Dear Sir, I have had a letter from Westcot Credit Service about the money I owe to the bank,, which … Continue reading →
Cash flow problems are a worry for many small businesses, but the real trick is in identifying them before they’ve even happened. If you can do this, you can overcome it before it even becomes a threat to your business. … Continue reading →
It is true that most people would rather save money on fashion and their holiday than anything else. There are different ways as to how people can save money on fashion for instance the upcoming mid-season sale is a great … Continue reading →
Are you having problems living up to the cost of daily life following your retirement? In today’s age of economic crisis and increasing prices of commodities, chances of most retirees answering this question with a yes is quite high. However, … Continue reading →
The occasional bad debt is just part of doing business, and probably always has been. The trick is to realize who is not going to pay you as quickly as possible so you can begin taking steps – but of … Continue reading →
