Mr. Robert Blane
Robert has been a member since Thursday, 27th of January 2011 and has so far written 4 articles. He lives in England.
Latest articles by Robert
- How the monthly minimum repayment figure on your credit card all adds up
- How an Administration Order works
- Is Bankruptcy a viable solution to solve your debt problems?
- Debt Management the precursor to IVAs
It is a little known fact that the monthly minimum repayment figure on your credit card ensures that, if you only paid this amount, it would take you many, many years to pay off your credit card bill.
Typically, the monthly minimum repayment figure is slightly more than the monthly interest owed on...
An Administration Order is a court order in which the court itself is responsible for managing the repayments to an individual's creditors.
One of the main benefits of an Administration Order is that it prevents creditors from taking action against the debtor (without the court's permission).
An...
In a number of cases, Bankruptcy may well be the best solution in solving a person's debt problem. However, it really does depend on each individual's particular circumstances and whether or not they have any assets. In virtually all circumatances, Bankruptcy should only ever be seen as a last...
Unfortunately, Debt Management Programmes typically only last for a short period of time. The industry statistics are that when an individual enters into a DMP they normally last for approximately 8-9 months. After that time, they are then looking at either an IVA or Bankruptcy as the only viable...
