Featured Articles
What happens to my Trust Deed if I’m unemployed or lose my job?
20th December 2018The typical term of a Trust Deed is four years, so it’s quite possible a debtor’s employment situation will change during this time. If you’re in a Trust Deed and fear you may become unemployed, or have already lost your job, you need to know how it will affect your Trust Deed. So let’s look […]
What happens to my personal debts when I get married?
19th December 2018If you’re getting married and are worried about what happens to your personal debts, initially you need to consider whether the debts are in your name only, or are joint with your partner – this determines if your spouse can be held responsible for repayment. So let’s look at the legal situation regarding personal debt […]
In what situations can a bad credit rating affect you?
18th December 2018Your credit file is an important source of information for lenders and other financial institutions, and a bad credit rating can affect your life in a number of ways. Given that a default remains on your credit record for six years, it’s also a long-term issue. An obvious scenario where a bad credit rating will […]
How can I tell my partner I’m in debt?
17th December 2018Being in debt can be a huge burden that affects every part of your life, but one of the most difficult aspects is when you’re in a relationship, as it can be very difficult to tell your partner about your debts. According to research by relationship charity, Relate, one in seven adults in Great Britain […]
Can I keep PPI compensation if I’m in a Debt Arrangement Scheme?
14th December 2018The Payment Protection Insurance scandal of recent years has led to hundreds of thousands of people making claims for compensation relating to financial products they were mis-sold. PPI compensation can be a lifeline when you’re in debt, but what happens if you’ve entered into a Debt Arrangement Scheme (DAS)? If you’ve received compensation following a […]
Working Parents ‘Being Pushed into Poverty’
4th December 2018The past five years have seen a “relentless” rise in the number of British parents being pushed into poverty despite being in employment. That’s according to a new report published by the Joseph Rowntree Foundation (JRF), which has highlighted the growing prevalence of in-work poverty among families across the country. Roughly one in five (22 […]
