Individual Voluntary Arrangement (IVA) Failures or Terminations OK, I will admit that I am not an expert on statistics, but it would seem to me that in the graph shown below, the IVA failure rate is rather high. I would … Continue reading →
Consider Solving You Debt Problem with a 2 Step Approach The biggest problem with debt is the constant calls and letter from creditors, which forces you into making a hasty and possibly financially dangerous decision of choosing the wrong debt … Continue reading →
Managing personal finances can be a daunting task, and at times it can feel as though your financial stability is hanging by a thread. If you’re experiencing this feeling, it’s important to take a step back and assess the situation. … 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 →
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 →
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 →
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 →
Please Help I am Being Evicted…… Late on Friday afternoon I had a call from GC who said he was due to be evicted. I told him not to worry as I felt sure that we had a ittle time … Continue reading →
Debt Management Plan (DMP) Could be the Answer. If you are struggling to make minimum monthly payments to your creditors, then maybe a short term solution is a debt management plan? Here is a case where someone was really struggling … Continue reading →
Aqua Increase Someone’s Credit Limit Surely when someone is in a debt management plan, a company does not review someone’s account and then increase their credit limit? This person is currently in a debt management plan and has been in … Continue reading →
Bright Red and Designed to Scare You! “Wescot Credit Services Ltd IMPORTANT FINAL NOTICE FINAL NOTICE Despite previous correspondence a balance still remains outstanding on the above account. unless you make contact with us and agree payment of £222,125.24 within … Continue reading →
Ways To Help Reduce Your Debt Debt! It’s like a horde of locusts chewing through the greenery in your wallet. Not a pleasant thought, unless you’re an insect lover. www.johnnydebt.co.uk has a great selection of ideas for reducing not only … Continue reading →
Redwood Collections are Threatening Bankruptcy Here is a letter that a client received for Redwood Collection threatening bankruptcy “Should we not hear from you within the time-frame suggested this matter will be escalated for further action, including the issue of … Continue reading →
What is a Warrant of Execution A Warrant of Execution is a legal document issued by the courts of England and Wales which orders a court bailiff or other authorised officer to take control of goods or property of a … Continue reading →
What Does it Mean to Get a Warrant of Execution from the Courts Here is what the actual Warrant of Executions says: Notice of Issue of Warrant of Execution “Urgent To the Defendant You have not made payment under the … Continue reading →
