Monthly Archives: April 2008
Is an IVA a better alternative than bankruptcy?
An Individual voluntary arrangement (IVA) is an alternative to bankruptcy in some circumstances. An insolvency practitioner takes charge and a repayment plan is negotiated dependent upon income and expenditure. If 75% of creditors agree the agreement will become legally binding … Continue reading
Posted in Debt, externally authored
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What exactly is a Payday Loan?
A payday loan is a short term loan in advance of your regular pay day, which you might find of use if an emergency financial situation occurs, you don’t have enough money to cover it, and your pay day is … Continue reading
Posted in Debt, consumer, externally authored
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Asking for help with your debt
Never be afraid to seek debt help, however you find it suits you best. If you find you are keeping secrets about financial troubles from someone that cares about you, you’ve got a problem that needs dealing with, so get … Continue reading
Posted in Debt, externally authored
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The Credit Crunch and You
Unless you’ve been on another planet for the past six months you’ve probably heard of the credit crunch. But what is the credit crunch and what does it mean to you? Over the past few years banks have been eager … Continue reading
Posted in consumer, financial planning, in the news, real estate
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Be Careful Who You Trust
thisismoney.co.uk carries the disturbing story of a businessman who lost £250,000 (~$500,000) from his pension fund as a result of poor financial advice. 68-year old Ted Rapley had accumulated £437,000 over 30 years and was set to receive a comfortable lifetime … Continue reading
Posted in consumer, financial planning
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