Michael Jackson has been forced into the sale, which could include songs written by the Beatles, as he owes the Fortress Investment Group some $270 million and is allegedly struggling to meet the $4.5 million monthly interest payments. The news,…

Those providing services such as car washing or window cleaning could be at particular risk as they may have to purchase expensive equipment in order to reduce water consumption. Now the Federation of Small Businesses (FSB) is calling on Margaret…

Writing in next month’s edition of the Journal of Consumer Research, Lisa Bolton, Joel Cohen and Paul Bloom claim that the existence of remedial packages encourage consumers to adopt risky borrowing patterns. Most worryingly of all, the study claims that…

In total 75 per cent of CreditIndex’s Personal Credit Index respondents said their borrowing did not present them with difficulties, with only 11 per cent predicting that their levels of debt would rise in the next few months. Furthermore, 85…

IVAs, in which between 40 per cent and 80 per cent of a person’s possessions are recouped to recover as much of the debt as possible, are an alternative to bankruptcy. However, widespread concern has been expressed that profit-seeking companies…

New research from an online credit organisation has revealed that towns in Yorkshire and areas in the Midlands dominate the top 20 locations with the most CCJs per household. On average, one in 11 adults in the UK has a…

We could have told them, maybe we should have told them. With the average age of ClearDebt’s debt analyser completers being 31, we could see that money troubles were more pronounced amongst the young. Now the Financial Services Authority has…

If you’d like to see more of what the papers say about Cleardebt (and what we’ve been saying to the papers), click on the links below. Daily Mail – on Debt and Young Women: click here Our latest Debt Survey:…