News More NewsThursday, 02 July 2009 Thursday, 02 July 2009 Tuesday, 30 June 2009 
Latest from the BlogChanges in civil debt, bank charges latest news, plus scum and scamThe week’s events, Major upheaval in the court looms if MoJ goes ahead with changes in civil debt So the Ministry of Justice (MoJ) is considering reducing the statute of limitations for civil debt from six years to three. If they decide to push this through and don’t phase it in then there will be massive upheaval in the courts as many lenders and debt recovery firms will have to commence proceedings overnight. Some estimates have been put at 50,000 new cases immediately to get in within any proposed new time limit. The Limitations Act 1980 outlines the time limit within which a creditor can pursue a debtor for outstanding debts and only applies when no contact has been made between the creditor and debtor within the given time limit. This Act applies to residents of Continue reading Changes in civil debt, bank charges latest news, plus scum and scam... |
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The Six Optionsfrom Debt Solutions Here we detail in very simple terms what your six options are to get out of debt, a very popular section of the website. Read more Police officer avoids bankruptcy and keeps his pensionfrom Case Studies Police officer with unsecured debts of £84,000. In this case study Mike shows how an Individual Voluntary Arrangement, (IVA), was a useful tool in alleviating a police officer’s debt problems and how the officer managed to keep his pension and avoid bankruptcy. We detail the facts, the advice and the outcome. Read more Unenforceable credit card and loan agreementsfrom Debt Solutions What you need to know about unenforceable credit card and loan agreements, covering the pit falls and who to choose, claim management company or solicitors. Read more Jargon Busterfrom Debt Solutions Ever felt lost trying to understand all the terms used in the debt world? Our jargon buster should help you on your way! Read more |
DW on Twitter
Major changes in bankruptcy - you have got to see the image my webteam have done on this, absolutely fabulous, image of the year in my book 02/07 at 15:07
Just off to BBC Essex live 6pm, chatting about Individual Voluntary Arrangements, IVAs. Pros and cons, who pays the fees etc: should be fun 01/07 at 16:41
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