2015’s personal insolvency figures, issued today, Friday 29 January 2016, show that the number of people becoming insolvent is continuing to go down. In particular, bankruptcy, the most onerous and least forgiving formal debt solution continues to drop in usage.…
Continue reading the "Is this the end for bankruptcy?" »
Should bankruptcy costs be a flat fee or vary according the debt incurred? POLL
Continue reading the "Should the cost of bankruptcy vary by individual?" »
Andrew Smith looks at the latest personal insolvency figures from the Insolvency Service and concludes that times are getting harder for bankrupts, despite the overall drop in people choosing this debt solution.
Continue reading the "Q3 2011 insolvency figures – Is bankruptcy still an easy option?" »
R3 are calling on the government to consider raising this threshold to £3,000. Vote in a poll to express your view at which level they should be set.
Continue reading the "What level should bankruptcy petition thresholds be set at?" »
New guidelines are changing the conditions for people who are made bankrupt. The general feeling is that these guidelines will make life a lot more difficult for bankrupts and for some people highlight IVAs as an alternative debt solution.
Continue reading the "Stricter bankruptcy conditions set out in new guidelines" »
These days, our children seem to have the need for every modern gadget on offer. With the desire to own so many of these items, the question has to be asked, how well have our children learnt the lessons of the recession? Have they experienced the harsh realities of the credit crunch enough to equip themselves with the right financial know how, to budget for their own better future?
Continue reading the "The power of the pound" »
I think it’s fair to say that after all the Christmas festivities, the turkey wasn’t the only thing stuffed this December. And with each New Year, getting fit and loosing weight is usually one of top resolutions we like to…
Continue reading the "Time to pile on the pounds" »
Child Trust Funds offering £250 contribution to your child’s future, are only actually being made use of by two thirds of those receiving them in the poorer areas of our country.
Continue reading the "The children of the recession" »
If you’ve been enjoying the low mortgage rates we’ve been graced with, courtesy of the recession – beware, things are about to change. According to the Daily Mail and Moneyfacts, eight financial institutions have already raised their Standard Variable Rates…
Continue reading the "What comes down, must go up….I’m talking mortgage rates of course" »
As I get reports in from the office, staff are walking to work through the snow – public transport has come to a halt and cars have been covered in white. I recall we haven’t seen weather like this for…
Continue reading the "As the snow falls, the heating bill goes up and up and up" »