Selling of Debt My understanding is that if a creditor sells a debt there has to be a Deed of Assignment to prove that the debt has actually been sold on to another company. I also believe that a deed … Continue reading →
For years now people have been making tidy profits out of the housing market. It seemed like it could only go up, but now all of that has changed. It is possible to lose as well as gain in property, … Continue reading →
According to Guardian, mortgage loans reached a new height in the beginning of 2013. In January 2013, the number of approved homebuyer mortgages reached 55,785 in comparison to 50,058 during the previous months. Mortgage lending increased by one billion pounds … Continue reading →
Credit Rating – Its Importance and How to Improve It Credit rating is becoming more important than ever. Even if you’ve resolved to lead a debt-free life, maintaining a good score will help you in more ways than one. If … Continue reading →
Full & Final Settlement Yet another example of how full and final or short settlements are still achievable: “TritonCredit ServicesAddress: P.O. Box 5827, Basildon, Essex SS14 1XSTelephone: 02-7680-9301Facsimile: 02-7702-9800 Creditor: National Westminster Bank PLCOur Ref: NUMBERRe: NAMEAmount Due: £3842.20 Dear … Continue reading →
JUSTICES’ CLERKS’ SOCIETY Procedure in Liability Order Applications 1. Background Council has been contacted by NAME HMCS Enforcement Team concerning the way HMCS records the making of liability orders in Council Tax cases, due to challenges to the process in … Continue reading →
Visit By the Bailiffs Recently Mr H had a knock on his door and it was the Bailiff. Fortunately Mr H did not allow the Bailiff to enter his property, and sent him away with a flea in his ear. … Continue reading →
Note: s93 of the Tribunals Courts and Enforcement Act 2007 was bought into force on 1 October 2012. This enables a charging order to be made even though the client has not defaulted in payment of the instalment order. When … Continue reading →
This is the story of how on 31 May 2012, the Bird family were facing eviction from their home in Potters Bar. However, a small group of people decided to stand by the Bird family and resist the eviction that … 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 →
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 →
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 →
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 →
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 →
