The Office of Fair Trading made an important announcement about the repercussions of non compliance with its Debt Management Guidance. ClearDebt brings you highlights of this story as it unfolds from a wide variety of sources.
Continue reading the "OFT crackdown on debt management companies" »
The Insolvency Service recently published annual statistics for the period 2000 to 2009, covering bankruptcies, debt relief orders (DROs) and Individual Voluntary Arrangements (IVAs) in England and Wales by geographical areas. Using an interactive motion chart, ClearDebt have republished this data to display the evolution of personal insolvencies by district.
OK – I’m being cynical. And, I actually think that yesterday’s budget was pretty firm-but-fair: But, we are all familiar with the law of unintended consequences – and I think there may be one here. I believe that the VAT rise has a very good chance of creating, in 18 to 24 months time, a big increase in the number of people who can’t pay their debts.
Continue reading the "Whoopee! What a great budget for the debt management industry" »
I think I’ve found something else to be proud of in our industry (debt resolution).
Continue reading the "Ombudsman: Reported debt complaints are less than 0.1%" »
Take these actions to support the campaign for improved legislation for people in debt. Here we explain how.
Continue reading the "How to get the politicians interested in your sort of debt" »
There has been a lot of talk about debt during the general election. But are they talking about your sort of debt? See what the parliamentarians are saying right now.
Continue reading the "Are they talking about my sort of debt?" »
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