Mr. Iain M.D. Wrenshall
Iain has been a member since Thursday, 3rd of March 2011 and has so far written 7 articles. He lives in England.
Latest articles by Iain
- DRO solution for people who can afford less than £50/month
- Public sector redundancies leads to a rise in IVAs
- 1st time buyers struggle to get their foot on the housing ladder
- IVAs are not an appropriate solution if you're struggling with your secured loan repayments
- IVAs can now assist people with debts of £12,000 or more
- Bankruptcy north of the border
- Where to find the best deals
Debt Relief Orders are debt solutions for people who can afford less than £50/month. The main concept behind DRO's are that they are a low cost alternative to Bankruptcy or IVA's.
Typically, people would require a monthly surplus of around £150 or more to enable them to do an IVA.
People...
2011 is forecasted to be the year in which the public sector gets hit with the redundancies & unemployments which has hit the private sector so hard.
Already their golden retirement packages are under threat as the realisation hits that they are not immune to the harsh realities of the real world.
A recent report in the national press highlighted the trouble that 1st time buyers are currently experiencing. In the main, this is predominantly down to the large deposits (as a percentage of house prices) which lenders are currently requiring prior to authorising mortgages for first time buyers.
In...
Secured loans are loans secured against an asset, typically your home, and it provides the creditor with a degree of, well, security that if their loan isn't repaid then, ultimately, they can force the sale of the asset to get their money back. IVA's tend to be more suited for individuals with...
Changes in the fee structures charged by Insolvency Practitioners have raised the viability of IVAs now being possible for individuals with debts as low as £12,000. Prior to this recent change the perceived industry minimum to ensure the financial viability of an IVA was for the debt owed to...
Bankruptcy north of the border is technically known as 'Sequestration'. In every other aspect it's virtually identical to how most people understand Bankruptcy to work.
First port of call would of course be google. Other web alternatives would of course be Auto Trader and the various high-street bank sites for details of their loans. Further, you could try out insurance companies. Finally, check out comnparison sites.
