Barry O’Halloran writes in the Irish Times that more and more people are moving to Northern Ireland from the Irish republic to declare themselves bankrupt. It goes to show what folks will do when they are put on the spot, read more below Rise in numbers applying for bankruptcy in NI, says expert – Irish Times news.google.com Bernard Dunleavy – a barrister who has represented parties in a number of high-profile cases – told a conference yesterday organised by Kavanagh Fennell to discuss personal insolvency proposals that in 2010, 905 people applied to Northern courts for bankruptcy. Last year, this [...] Read more »
Declaring Bankruptcy – Earning £1.5m a year ?
I’m declaring bankruptcy – something which is we’re hearing more and more as the full extent of the UK’s debt is discovered, however it is hard to believe that young highly paid premiership footballers could be considering it as a way to escape from their debts. read more below Premier League – £1.5ma-year stars ‘risk bankruptcy’ – Yahoo! Eurosport UK news.google.com Yahoo! Eurosport UK “In 2010 the average salary of a player in the Premier League was £1.47 million, 56 times the average UK wage,” Sands told the Birmingham Mail. “But as their wages have increased so have the number [...] Read more »
Debt Consolidation loan – Choosing the Right Provider
I read today that customers are favoring personal loans to consolidate their debts above other mediums, it seems that there are a lot of hits on the price comparison websites in order to find the best deal. I’m all for anything that will allow people a chance to find a debt consolidation loan as long as it is competitive and has no onerous strings attached, read more below. Consumers Choosing Short-Term Savings by Consolidating Debt news.google.com The current economic climate has left many consumers struggling with personal debt from a number of sources. With credit card bills, hire purchase agreements and overdrafts, the cost of servicing debt can really [...] Read more »
The Debt Consolidation Calculator Can Help Avoid Bankruptcy
The Debt Consolidation Calculator There are millions of people with burgeoning debt problems that need to step back and find a way to stop it slipping from their control. I hope this article introducing the debt consolidation calculator will go some way to helping you avoid getting to the point of no return, possibly even bankruptcy. The calculator is designed to give you an insight into the level of debt you have and will show you ways that you can effectively reduce the pressure and eventually pay off the debt. How to find a debt consolidation calculator It is reasonably [...] Read more »
Debt Settlement Order – Watch Out!
Ever heard of a Debt Settlement Order, no neither have I however it seems that recently the forums have been buzzing with questions from unsuspecting people who have recieved emails and texts from individuals and companies offering a quick way to wipe their debts. Now it is bad enough that people from all walks of life have had their life turned upside down and now face a debt nightmare. The fact is that they have used a play on words so that they could scam people out of cash they cant afford to lose. The UK Government introduced the debt Relief Order [...] Read more »
Getting Help With Bankruptcy
Getting help with bankruptcy is available to all, you just need to know where to look for it. We know that it is really hard to come to terms with most of the problems which lead to chronic debt and also how hard it is to admit you need help. If you are considering bankruptcy, before you can get help there are a few things you will need to do, take a look at the following video it there ae a couple of links at the end. If you are having problems getting help for bankruptcy or need more [...] Read more »
Dealing With The Bailiffs
Dealing with the bailiffs can be a traumatic time for everyone concerned, when you hear the knock on the door in most cases you know why they are there. Companies will try to recover outstanding debts every way they can even if it means by repossessing items that have a resale value and selling them on. In most cases the items they recover will only sell at a fraction of their true value but that won’t stop them from trying. So what rights do you have? Do you have to let the Bailiff in? In many cases, there is nothing [...] Read more »
Going Bankrupt A Last Resort
In these days of marked austerity it seems that the whole world has lost it’s way, more and more people are finding it necessary to take a long hard look at the way they are living their lives, and as a result they are looking at going bankrupt. Gone are the days where you could mortgage your house at the drop of a hat, or change your car using financing methods that defied sensibility. Over the next few weeks it is my intention to take you through my life and how I broke free from the jaws of the inland [...] Read more »