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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
