Monthly Archives: January 2013

Would I Lose My House During Bankruptcy ?

Nowadays more and more people file for bankruptcy, as they consider it is a great solution to their financial problems and a liquidation of their debt. However, it is a very serious step and before declaring yourself bankrupt, you should research this topic. Bankruptcy in the United Kingdom has different properties when compared to bankruptcy… Read more »

Who Can Declare Themselves Bankrupt In The UK ?

The question most people in the UK ask themselves when they go into a large amount of debt is if they should file for bankruptcy. Are there certain types of people that should file for bankruptcy? The biggest thing is that don’t file for bankruptcy unless it is your last resort. This is who the… Read more »

Global Recession: The ‘How’ and ‘Why’ of Bankruptcy in the UK

The effects of the recent recession affected the economies of nations all around the world. Effects began almost immediately in the United States, with residual effects resonating to countries closely tied to American financial interests, banking, and the housing market. As a result, the recession resonated throughout Western Europe, and exasperated problems in the United… Read more »

High Debt Amounts – How To Control Overspending

When it comes to money, people often have different spending habits but ultimately at some point in their life end up overspending. Unless you are in the minority and have bags full of cash in reserve, the regular joe’s of this world will undoubtedly have at some point spent more than they can realistically afford…. Read more »

Bankruptcy Restriction Orders

When it occurs, the bankruptcy is tremendously changing your way of life and functioning of your financial affairs. In this way, we have to make a distinction between the restrictions which are self-imposed and others which you cannot influence directly. First of all, your conduct in the financial area or the series of events lead… Read more »

Difference Between Insolvency And Bankruptcy

Insolvency and bankruptcy are not the same thing, although they have been confused very often. In addition, many people used them as synonyms, which is also wrong. It would not be a pleasant thing to experience the difference in your own case, would it? However, it would be definitely a useful thing to know something… Read more »

Going Bankrupt For The Second Time

Oops, looks like you have done it again. If you are already asking yourself what to do now, we have to say that the answer is surprisingly simple: pretty much the same, more or less, what you did the first time you were bankrupt. Moreover, if you do not take this the wrong way, you… Read more »