Tag Archives: Creditors
CREDIT CRUNCHING DEBT ADVICE
Posted on 16. Dec, 2009 by UK Liquidation.
With stricter lending conditions and banks reluctant to let us borrow money, many people are in desperate need of some debt advice that can alleviate their debt management issues.
Professional solutions
Professional debt solutions such as Individual Voluntary Arrangements
(IVAs), Debt Management Plans (DMPs) and Trust Deeds do not involve
borrowing more money and do not require you to [...]
Continue Reading
Kerry Katona ‘will stay bankrupt’
Posted on 16. Dec, 2009 by UK Liquidation.
Kerry Katonas bankrupt status will not be lifted for the foreseeable future, it has been claimed.
According to The Mirror,
the reality TV star had hoped that her financial woes would end this
month, but has been hit with a new setback after the Insolvency Service
won a bid to have her planned discharge suspended indefinitely on
July 14.
Katona was [...]
Continue Reading
‘Secret Millionaire’ faces Bankruptcy hearing
Posted on 16. Dec, 2009 by UK Liquidation.
CASH strapped `secret millionaire Chek Whyte has failed to reach an
agreement with creditors and is still facing personal bankruptcy.
An Individual Voluntary Arrangement was thwarted by HM Revenue & Customs, which is owed 1.2m and refused to agree the deal.
Now Mr Whyte, who has debts of 33m, faces a bankruptcy hearing brought by one of his [...]
Continue Reading
IVA’s
Posted on 16. Dec, 2009 by UK Liquidation.
Individual Voluntary Arrangements The Advantages
IVAs dont suit everybody, but for those who do meet the criteria, the benefits are fantastic:
You can legally write off up to 75% of your debt.
You can reduce your monthly repayments by calculating how much you can afford to repay each month & then make [...]
Continue Reading
Debt Management
Posted on 16. Dec, 2009 by UK Liquidation.
If youre finding it difficult to pay off your debts and you dont qualify for an IVA, a Debt Management Plan may be just the thing for you.
So what is involved in a Debt Management plan?
By taking out a Debt Management Plan you pay back the debts you owe to your [...]
