Monthly Archives: June 2015

Why Do We Make Bad Financial Decisions?

financial decisions

There are all kinds of reasons why we make bad decisions about spending and borrowing money, from peer pressure right through to sheer recklessness. This article from debt gurus Bankruptcy Clinic sheds light on some of the more common reasons why people might find themselves in a financial mess – unwittingly or otherwise.   Supporting… Read more »

Tips For Avoiding Bankruptcy

how to avoid bankruptcy

If you’re in a situation where you have little or no income or assets, bankruptcy can actually be a good way of dealing with your debts. In most cases, you’ll be discharged just 12 months after declaring bankruptcy, after which most or all of your debts will be written off. However, for some people, bankruptcy… Read more »

The Role Of The Official Receiver

role of official receiver

If you decide that declaring bankruptcy is the right way to manage your debts, the Official Receiver will soon become an important part of your life – even if you never deal with them directly. This article from bankruptcy experts, Bankruptcy Clinic, explains who the Official Receiver is and what their duties will be once… Read more »

Soar In Demand For Debt Advice

money advice soars

New figures released by the Money Advice Service have revealed that consumer demand for advice on dealing with debt soared to an all-time high last year. The service, which was set up by the Government but is run independently, provided more than 250,000 free debt advice sessions to British consumers in the 2014/15 financial year…. Read more »