Several hundred millions of pounds are believed to be resting in long-tern unused accounts in the UK and this money could be “reinvested in society” without altering the procedure for reclaiming the relevant cash, the Tresury has suggested. The so-called…
Continue reading the "Treasury’s new plan could ‘aid the indebted’" »
The charity makes clear that thousands of Brits have faced debt management problems as a result of money being demanded back from them by the government after claims that tax credits were paid in error. And the issue ought to…
Continue reading the "Citizens Advice raises tax credit concerns" »
MP for Telford David Wright’s comments came in response to an announcement on the issue from the government, which indicated that more will be done to prevent bailiffs from abusing their powers. The terms outlined in the proposed tribunals, courts…
Continue reading the "MP welcomes measures to protect the indebted" »
The minutes from the meeting of the rate-setting committee revealed that only one of nine members in attendance voted for a rise this month, but Global Insight’s Howard Archer maintains that a quarter-point increase could be seen soon. Currently at…
The organisation is concerned that new proposals, which are designed to protect people suffering debt management problems from having their home entered by bailiffs, will not be effectively enforced. A number of Citizens Advice bureaux in England and Wales have…
Continue reading the "Citizens Advice: End intimidation of those in debt" »
Measures due to be introduced form part of the tribunals, courts and enforcement bill, which is currently before parliament and aims to ensure the safety of people who are among the “most vulnerable people in our communities”, constitutional affairs minister…
Continue reading the "New safeguards aim to protect the indebted" »
With the country’s debt management concerns continuing to mount up, the finance website Fool.co.uk has claimed nine out of ten UK consumers would like the government do more with the money they recive form the taxpayer. And based on an…
Continue reading the "Consumers want ‘more for their tax money’" »
People should make sure they are aware of the potential implications of entering into either an Individual Voluntary Arrangement (IVA) or bankruptcy arrangement, suggests James Jones, consumer affairs manager at Experian. Advice from impartial professionals can prove invaluable in such…
Continue reading the "Get the facts about debt options, expert urges" »
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