Much more than debt, IVA and personal finance from ClearDebt.

Need debt help and worried about paying your utility bills?

by Marketing on August 9th, 2010

Can you imagine living without gas, electricity or water? If you reached rock bottom and couldn’t afford to pay your utility bills, would you know what to do?

Read our free debt advice guide which includes the following:

• Information about the rights of people who are in debt to utility companies
• Information about the different legal framework for people in debt to water companies
• Addresses for utility watchdogs

The free advice guide also lists the circumstances in which energy suppliers are not allowed to disconnect you, even if you have a debt with them.
View the ClearDebt online advice guide to paying utility bill debts.

If you have other debts in addition to your utility bills and want to know the best debt solution for you, complete the ClearDebt debt analyser now and one of our experienced advisors will be in touch.

Tags: advice guide, debt, debt advice, energy bills, gas bills, utilities, utility bills
Posted in Debt Management | No Comments »

Leading Debt Blog Growing Day by Day

by Jacqueline Cohen on August 6th, 2010

ClearDebt, the UK’s leading debt solution provider announces the growth of their blog, which will keep consumers up to date on the latest developments in the financial services industry.

Through the blog, employees of ClearDebt post informative articles which relate to debt problems and their solutions. This offers access to unique data, which allows customers to find the most up to date figures and statistics regarding the debt problems facing UK consumers. The blogs also cover day to day money management issues for consumers, highlights factors around IVAs and Debt Management Plans and also talk about updates on their website such as free debt advice guides.

Readers of the blog are offered the opportunity to post questions for the financial experts within the ClearDebt team to answer. Andrew Smith, Marketing Director of the Cheshire-based firm is a prominent voice on both the blog pages and the advice sections of the website. Commenting on the new blog and the industry in general, he comments:

“Our new blog offers consumers the opportunity to learn about the latest developments in the financial services industry, as well as gaining advice from qualified advisers.”

“Unfortunately, there are a few disreputable companies within our industry who have given the industry a bad name. Providing services such as our new blog, which offers free, impartial advice, will hopefully help us to distance ourselves from these firms.”

The ClearDebt Group offers debt solution packages to residents in the UK via their website. These are outlined in a clear, concise manner, in order to help customers to choose the correct package for their situation. Incorporated within the site is a Debt Analyser, which allows customers to input full details of their financial situation and receive an immediate response in the form of a report. This can be either a short-form list of possible solutions; or a more in-depth assessment of their situation and possible options.

The most popular option recommended by ClearDebt is the IVA (Individual Voluntary Arrangement), which can be a preferable alternative to bankruptcy. IVAs reduce the total amount owed, freezing the interest and consolidating credit into a single, affordable monthly payment, Arrangements are overseen, negotiated and supervised by a licensed insolvency practitioner and chartered accountant.

Tags: blog, debt, debts, money worries, Personal Debt
Posted in Press Releases | No Comments »

Monster Friday goes “pop”

by Nazma Noor on August 6th, 2010

Following on with our “monster” themed blog posts, here is this week’s monster video!

This short clip (just 10 seconds long) is entitled “pop” and once you’ve seen it you’ll understand why!

Just like in the video, your personal debt monster could visit you unexpectedly, do something about your debts now and you can start working towards a debt free future.

At ClearDebt, we take the issue of personal debt seriously. We also believe moments of humour are affordable to everyone, including those in a serious situation. This Friday blog post is part of the monsters series. If you are concerned about your personal finances, we recommend you try the debt analyser or ask a ClearDebt advisor.

Tags: animation, debt monster
Posted in Monsters | No Comments »

Insolvency Statistics in Motion

by Paul Gailey on August 3rd, 2010

Using an interactive motion chart, ClearDebt have republished government public data spanning the period 2000-2009 from the Insolvency Service of England & Wales. This multi-dimensional data displays the evolution of personal insolvencies, by IVAs and bankruptcies, by English districts.
UK Insolvency Service Statistics chart courtesy of ClearDebt

This motion chart allows you to select the region that interests you by ticking one or more areas.

Interact with the data by selecting different values for the axis. Modify the size and the colour of the circles to display different information to suit.

For example, to display the volume of IVAs, select from the horizontal axis, the drop down that offers IVAs, then click the play button to visualise the evolution of IVAs in England & Wales for the nine year period.

If you select a specific district from the list, and press play button, a trail will be created for that district showing it’s evolution over time.

The original source data for the chart above is available from the Insolvency Service Statistics.

Embed the chart:

Tags: data, dataviz, insolvency, insolvency statistics, stats
Posted in Government policy on debt | 7 Comments »

The Limitation Act 1980 can help you with your debt

by Marketing on August 3rd, 2010

Did you know there are certain conditions for some debts which means you may not have to pay back the debt you owe?

At ClearDebt we don’t see ourselves as just an ordinary IVA company. Even if an IVA (Individual Voluntary Agreement) or a DMP (Debt Management Plan) isn’t for you, we still want to provide useful information and debt help to enable you to work towards a debt free future.

The Limitation Act 1980 states how long a creditor can pursue you for an unpaid debt. According to this act, if you have a debt that’s six years old or more, and it’s a debt that you haven’t been chased for, or previously had any contact regarding it, or acknowledged it in any way, then you may not have to pay it.

Continue to the ClearDebt debt advice guides and read more about the Limitation Act 1980 and how it could help you with your money worries.

Alternatively, if the Limitation Act 1980 can’t help you with your debts, why not try the ClearDebt online debt analyser which can give you an instant assessment of the best debt solution for you.

Tags: debt, debt guides, Limitation Act 1980, person, unenforceable
Posted in Debt Management | No Comments »