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Debt recovery

Wednesday, 25, Oct 2006 12:00

Debt can become overwhelming and quickly spiral out of control. When you have got yourself into debt recovery can seem impossible. However there are solutions to debt problems with a large number of companies and organisations working with people like you to help you to regain control of your finances through tailored advice and debt management plans.

Do you need help getting your finances in order? SimplyFinance can offer expert debt advice and a tailor-made solution to your financial worries. Visit SimplyFinance for a free debt management assessment today.

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Loans & Credit News

Britons 'ditch saving to tackle debt'

Saving levels took a "plunge" during the second quarter of the year as nervous Britons looked to insulate themselves from a possible double-dip recession by reducing their outstanding debts, a new report has found.

Britons turned away from saving to focus on paying down debt during the second quarter.

Loan demand down as people clear debt

Paying off debts and filling up savings pots are continuing to be the priority for banking customers as the year draws to a close.

People are paying off debt or building savings during the recession

Depression striking those in debt

Debt and depression are firmly entwined - with half of all those in debt suffering mental health problems.

Stephen Fry among those warning about how mental illness can affect finances and debt

'Unenforceable' debt clearance firms face crackdown

The Ministry of Justice has now shut down 100 claims management companies for misleading the public about debt repayment since its 2007 opening.

Families looking for debt help find costly empty promises

Product News

More Than Legal Services: tools for debt

More Than Legal Services is offering customers online tools and over the phone legal assistance to help people organize their finances and manage debt.

Ulster Bank offers free debt advice

Ulster Bank will provide a support programme of free in-branch debt advice for struggling customers, as well as supplying trained bank staff to support debt advice agencies.

Free debt advice website launched

Debt management charity The Insolvency Advice Association is launching a new debt advice website to help those in serious arrears deal directly with creditors.