Blog Listing
The changing face of credit in the UK
Feb
This week saw the introduction of an app from Barclays bank that allows customers to transfer money into another bank account simply by entering the recipient's mobile number. The PingIt app allows registered customers to transfer up to £300 at a time directly into the account of another...
UK families nearly £8,000 in debt
Feb
A recent report from Pricewaterhousecoopers (PWC) has highlighted the fact that UK families are typically £7,900 in debt from personal loans, overdrafts and credit cards. The Precious Plastic report shows that on average, households in the UK paid off around £350.00 of their unsecured...
Dealing with debt : practical advice to help you gain financial control
Feb
Virtually everybody has some form of debt. This may be money owed on a Credit Card, a Bank Overdraft or Loan or of course the good old Mortgage. Debt in itself is not necessarily the problem - it only becomes an issue when you are unable to make the monthly repayments. If you do...
Bankruptcy for Irish Nationals – legal advice on seeking a UK Bankruptcy Order
Feb
We have recently been contacted by a number of Irish nationals wanting information and advice around relocating to the UK to take advantage of our different Bankruptcy regime. The main difference in bankruptcy laws is that in Ireland, a debtor made Bankrupt remains so for twelve years whereas in...
Pre-pack reform on hold
Jan
Reforms to pre-packaged sales in insolvency (often referred to as pre-packs) have been put on hold, it was announced yesterday. In a written ministerial statement, delivered on 26th January , Ed Davey, the minister for the department for business innovation and skills, announced that planned...
