Piling up debt to a point that you may be forced to file bankruptcy is unfortunate, but also a considerably common occurrence. People resort to credit cards for their monetary needs and before they know it their credit limits have been stretched and they are termed defaulters in a short span of time. In time [...]
If you are looking for a way to pull yourself out of debt, you may want to consider the debt solutions that are available to you. You first need to realize the choices you have to help you pay off those bills and get your life back to normal. There are various solutions to choose [...]
I speak to a lot of people who say things like I dont really
have any debt problems, Ive just got a couple of credit cards and I can afford
to make the minimum payment each month, so Im not really worried
When I then ask them if they have any idea how long this
will take to [...]
CVA’s
Company Voluntary Arrangement
There is legislation that enables a company to make a private arrangement with all its unsecured creditors. The CVA (Company Voluntary Arrangement) procedure was introduced by the Insolvency Act 1986 IA86 and is simply a formal mechanism which permits a company, which has debt problems, to reach a [...]
Corporate Debt Solutions
You could be guilty of wrongful trading without realising it if you are, you could become personally liable for the debts of your Company
If youre a Director of a Limited Company & you have Corporate debts the first thing to appreciate is that you must separate your personal [...]
