www.debtfreedirect.co.uk – There have been record enquiries to Citizens Advice about debt problems. 2.4 million in England and Wales contacted the service in 2009-2010 which is a rise of 23 percent. An Individual Voluntary Arrangement (IVA) is a good debt solution for people owing more than £15000 on things like credit cards and loans – http Debt Relief Orders (DRO) can help more vulnerable borrowers with smaller debts. Through both you can pay a more manageable monthly amount for a set period before becoming debt free. Figures show there was a 38 percent rise in people seeking advice about private bailiffs and a 33 percent rise in cases involving fuel debts.
Rise in debt enquiries at Citizens Advice
May 20, 2010 By
