When dealing with Debt Collection Agencies (DCA), it is not uncommon to feel overwhelmed or unsure of how to proceed. In some cases, you may wish to appoint someone to act on your behalf in order to help navigate the … Continue reading →
Debt Management Plans are Good Let’s face it, nobody wants to find themselves buried under the weight of mounting debt, yet sometimes unforeseen circumstances can leave us with little choice but to seek assistance from a debt management plan. Despite … Continue reading →
Here is an example of full and final settlement has been achieved with Apex Credit Management in regards to the debt of £5925. The settlement amount agreed upon is significantly lower, at only £1491, which represents a remarkable saving of … Continue reading →
Research Debt Help Companies You are drowning in debt and getting constant calls from creditors and Debt Collection Agencies (DCA’s),. You are looking for a way out as soon as possible, but you do need to stop, think and do … Continue reading →
How to Achieve a Substantial Full and Final Settlement There are a number of things that you need to consider when trying to achieve a large discount in a Full and Final Settlement. In simple terms, the dirtier a debt … Continue reading →
Can I Hide from Creditors and Debt Collection Agencies The short answer is yes, but as to how successful you will be, will depend on a number of factors. If you owe only a small amount of money then a … Continue reading →
What is the Minimum Amount I can Pay a Creditor If you are experiencing financial difficulties and have to reduce your payments to creditors, then you would want to make a payment of at least £1 to each creditor. Having … Continue reading →
Here is another example of a full and final settlement that has been achieved. In this particular case this is an old Lloyds Banking Group debt that was eventually sold on to CapQuest. The outstanding balance of £9,159 was settled … Continue reading →
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 →
Check Your Bank Account for Unnecessary Outgoings Do your own full audit of your bank account, double check to make sure that all standing orders and direct debits are still valid. OK, this may take a little time to do, … 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 →
9 Habits that are Keeping You Poor I was watching this video by an accountant on YouTube @nischa which I thought would be worth sharing on this site. Don’t just skim through what is written here, watch the video, and … Continue reading →
Stop Taking on New Debt Stop taking on new debt is a great way to help manage your finances. It can help you maintain a good credit score and keep your finances on track. Taking on new debt can add … Continue reading →
The Money Diet by Martin Lewis The Money Diet by Martin Lewis is a comprehensive guide to taking control of your finances. It gives practical advice on saving money, budgeting, and investing. It also offers tips on how to make … 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 →
