If you are experiencing serious debt problems then you are very likely worried about the prospect of someone (possibly a bailiff) calling at your home to take away all your goods and sell them. Most people with a debt problem in the UK (unless it is a debt arising from non payment of fines/taxes) will [...]
“Declare bankruptcy and all your debt worries will be over.”
“Declare bankruptcy and you will lose your home, you might be put in prison and all of your possessions will be sold to pay your debt.”
Two extreme points of view often held on either the benefits or the perils of declaring bankruptcy. As ever in [...]
photo credit: SqueakyMarmot
If you are worried about your level of credit card debt then there are a number of solutions open to you. Exactly which solution you choose to reduce your credit card debt will depend on the size of the debt, and your income compared with your total outgoings. There are a number [...]

