Why is the Income and Expenditure Important Income and expenditure (I&E) are important for any individual for a variety of reasons. It is important to track income and expenses in order to create and maintain a budget. This allows individuals … Continue reading →
Can an Eviction Be Stopped The short answer is yes, on this site there are a number of examples where evictions have been stopped. Being in debt can put you under so much pressure, you just want to hide and … Continue reading →
Sample Letter to Debt Collection Agency for Debt Management Plan Once you have completed your Income and Expenditure, you will then want to send that to the Debt Collection Agency (DCA) with a covering letter.Their AddressYour AddressDateCompany: (who the original … Continue reading →
Here is a list of some of the more common Creditors, Debt Collection Agencies and Solicitors. with their sort codes and account numbers. It may be worth doing a further search to confirm that the information is still correct. Forcing … Continue reading →
Obviously you will want to pay as little as possible, but there are some things that you may need to know about. Age of a Debt in a Full and Final Settlement Matters The older the debt is, the more … Continue reading →
The Best Way of Dealing with Debt Collection Agencies (DCAs) The best way of dealing with debt collection agencies is to remain professional, honest, and organized throughout the process. It is important to recognize that debt collection agencies are businesses, … Continue reading →
How Much Will Creditors Settle for in Full and Final Settlement? Here on the Johnny Debt site is a list showing what you can expect a creditor to settle for in a full and final settlement. This is not a … Continue reading →
My Property and Bankruptcy In this post I will give you a brief outline of what it means to go bankrupt and how is will affect your home. If you do go bankrupt, then every asset you have will have … Continue reading →
The Coronavirus has adversely affected the global economy by halting and delaying operations in different sectors, including the construction industry. The pandemic has also disrupted projects commencement and completion dates due to the effects of lockdown and slowing production levels. … Continue reading →
Dealing With Debt When You are Ill If you are coping well in paying your creditors and then suddenly become ill and your income reduces, what should you do? Well, like I say with all debt issues, do not hide … Continue reading →
How Much Will a Creditor Accept in a Debt Management Plan The simple answer is, as little as £1.00 per month! However in order to get a creditor to accept a payment of one pound per month, you will have … Continue reading →
For some people bankruptcy can be a VERY serious and financially dangerous situation to be in. So if you are considering going bankrupt or bankruptcy proceedings are being made out against you, you should not just rely on this site!! … Continue reading →
Can You Do Your Own Debt Management Plan The simple answer is YES! However, to start with is may be difficult to implement. I would say that if you are going to do your own Debt Management Plan, you need … Continue reading →
Full & Final Offer Rejected, What Do I Do? So your full and final settlement offer has been rejected, so what do you do now? The thing you have to remember about a full and final settlement, is that often … Continue reading →
Full & Final Settlement Success Stories Full and Final Settlements (F&F) are not easy to achieve, but they are very much achievable with a bit of effort and quite a bit of nerve! The thing with a Full and Final … Continue reading →
