Monthly Archives: January 2011

What happens in a Debt Relief Order if my finances improve?

If your finances improve during a DRO Debt Relief Order it could fail. What happens if disposable income goes above £50? What income is included in a DRO?

What are the acceptable living expenses with a debt problem

Accepted living expenses allowances should be used when negotiating a debt repayment plan. What expenses are reasonable? What if you need to spend more?

My self employed business is in trouble, what can I do?

If you are self employed you are personally liable for any business debts. Options for solving a debt problem if you run your own business.

Can I go Bankrupt and write off debt after repossession?

A mortgage shortfall is written off in Bankruptcy. What are the other options. Is it sensible to go bankrupt? Can Bankruptcy help after voluntary repossession?

Make saving a habit in the new year

Why is saving important? How to make saving a habit. Should you pay off your debt first before you start to save?

Keep out of debt – give yourself a financial makeover

How to improve your finances. Understanding your current financial position. Tips on when and how to save. What if you are struggling to pay debts?