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Category Archives: Debt

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Debt advice in the UK

Johnny Debt Posted on 20/10/2012 by Johnny Debt29/03/2023

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 →

Posted in Debt | Tagged Debt, Debt Management Plans

Determine the Way to the Riches

Johnny Debt Posted on 24/09/2012 by Johnny Debt29/03/2023

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 →

Posted in Debt | Tagged Money Making, Property

CCS Collect – Debt Collection

Johnny Debt Posted on 12/09/2012 by Johnny Debt10/02/2023

These Debt Collection letters are designed to put you under pressure. Here is a copy of the letter: CCSCOLLECT DEBT COLLECTORS Due to: Bradford Exchange                              Amount Due: £162.42Account N0:                                                         Payment Ref:Dear Mrs Name Our client Bradford Exchange has authorised us … Continue reading →

Posted in Debt | Tagged County Court Judgment, DCA, Debt Management Plans, DMP, Property

Title Register – Who Owns my Property?

Johnny Debt Posted on 05/09/2012 by Johnny Debt29/03/2023

Have you ever wondered who owns your property, you or the mortgage company? Or does someone else have a say in what happens when you want to sell the property? I do not pretend to be an expert on Property … Continue reading →

Posted in Debt | Tagged Debt, Property

The Dangers of Lease Option Agreements

Johnny Debt Posted on 31/08/2012 by Johnny Debt29/03/2023

How does a Lease Option Agreement work? An Investor and a Vendor (property owner) enter into what is known as an Option Agreement. The Option Agreement gives the Investor the opportunity  to purchase the property at a mutually agree price … Continue reading →

Posted in Debt | Tagged Debt Management Plans, Property

Is Equity Release a Good Option to Fund Your Retirement?

Johnny Debt Posted on 03/08/2012 by Johnny Debt10/02/2023

There has been a great deal of talk in the UK press of late about equity release. Is it a good idea? Is it safe? Do retirees get a raw deal from such plans? These are all questions that the … Continue reading →

Posted in Debt | Tagged Property

Fight the Ordeal of Debt Collection Harassment

Johnny Debt Posted on 26/07/2012 by Johnny Debt06/03/2023
Pirate Flag Credit Rating

Are you in debt? Well, a ‘yes’ as an answer to this question brings into scene the imminent problem of debt collection harassment. If you fail to pay back in time, collection calls are bound to follow. What tends to … Continue reading →

Posted in Debt | Tagged Budgeting, DCA, Debt Collection, Debt Collection Agency, Guest Post, Income and Expenditure

I’m A Company Director: Which Debt Solution Is Right For Me?

Johnny Debt Posted on 13/07/2012 by Johnny Debt09/02/2023

For anyone facing difficulties paying the bills, you will know the worry and stress associated with accumulating debt. However, if you are a company director the implications are slightly different. When debt spirals out of control, some turn to bankruptcy … Continue reading →

Posted in Debt | Tagged Debt, Individual Voluntary Arrangement, Insolvency, IVA

Debt of £3,071 Settled at £1,145 with Barclays Bank

Johnny Debt Posted on 11/07/2012 by Johnny Debt29/03/2023
Full and Final Settlement Achieved

Here is an example of how a debt £3071 with Barclays Bank was settled for £1145 with Meckenzie Hall a debt collection agency. Full & Final settlements can take a long time and be a rather difficult and tricky process … Continue reading →

Posted in Debt | Tagged Credit Cards, DCA, Debt, Debt Collection, Discounts, Full and Final Settlement, Money Saving, Short Settlement

In Bankruptcy – Evicted From Property

Johnny Debt Posted on 03/07/2012 by Johnny Debt15/04/2024

Here is an example of somebody who owned the property and went bankrupt. After a three-year period they were evicted from their property and the property was forcibly sold. XX XX 2012 Dear Sirs XXXX – In BankruptcyCroydon County Court … Continue reading →

Posted in Debt | Tagged Bankruptcy, Debt, Eviction, Insolvency, Property, Repossession

Notice of Seizure – High Court Form No 55

Johnny Debt Posted on 18/04/2012 by Johnny Debt29/03/2023

Notice of Seizure  – Enforcement Officer Now This Should Be Taken Extremely Seriously! “Andrew Wilson & Co Writ Number: xxxxx HIGH COURT FORM NO 55 NOTICE OF SEIZURE In the High Court of Justice Queens Bench Division BRISTOL DISTRICT REGISTRY … Continue reading →

Posted in Debt | Tagged Bailiffs, County Court Judgment, Debt, Debt Collection, Insolvency, Property

Regal Credit Accepted Full and Final Settlement at 70% Discount

Johnny Debt Posted on 02/04/2012 by Johnny Debt29/05/2023

Debt of £454.16 Settled for £127 In Full and Final Settlement Admittedly this is only a small debt, but it is another example of how creditors will accept a lower sum in order to settle a debt. Letter From Regal … Continue reading →

Posted in Debt | Tagged DCA, Debt, Debt Collection, Full and Final Settlement, Money Saving, Short Settlement

Cheltenham & Gloucester Plc (“C&G”) -v- Norgan

Johnny Debt Posted on 07/03/2012 by Johnny Debt15/04/2024

Cheltenham & Gloucester Plc (“C&G”)–v- Norgan Γ.12.95] 1 ALL ER 44 (CA)] Following rather protracted proceedings, the borrower was granted a period of 4 years to discharge the arrears.# Evictions can be stopped C&G appealed. The Court of Appeal decided … Continue reading →

Posted in Debt | Tagged Bailiffs, County Court Form, Court Form N244, Eviction, Repossession

Wescot Debt Collection Accept £1 per Month in DMP

Johnny Debt Posted on 27/02/2012 by Johnny Debt19/03/2023
Pound Coins

DCA Accept £1 per Month As you can see debts can be negotiated down to monthly affordable repayments. Your Reference:Re:Wescot DEBT NO: D3/Client: Arrow Global Guernsey LtdBalance: £2147.00 We refer to your recent communication regarding the above account. We have … Continue reading →

Posted in Debt | Tagged DCA, Debt, Debt Collection, Debt Management Plans, DMP, Property

Debt Collection Agency Causing Clients Unnecessary Grief

Johnny Debt Posted on 22/02/2012 by Johnny Debt29/03/2023

Blair Oliver & Scott are unnecessarily giving their clients grief when it is their own fault! Just lately I have been contacted by a number of people saying that they are getting lots of phone calls and letters from Blair … Continue reading →

Posted in Debt | Tagged DCA, Debt, Debt Collection, Debt Collection Agency, Harassment, Property

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