TweetShareMP for Telford David Wright’s comments came in response to an announcement on the issue from the government, which indicated that more will be done to prevent bailiffs from abusing their powers. The terms outlined in the proposed tribunals, courts and enforcement bill, would mean debt collection agents could only enter a premises when all [...]
Archive for March, 2007
MP welcomes measures to protect the indebted
by News Team on March 23rd, 2007
Interest rate rise remains “likely
by News Team on March 22nd, 2007
TweetShareThe minutes from the meeting of the rate-setting committee revealed that only one of nine members in attendance voted for a rise this month, but Global Insight’s Howard Archer maintains that a quarter-point increase could be seen soon. Currently at 5.25 per cent, any increase in the cost of borrowing would put further pressure on [...]
Citizens Advice: End intimidation of those in debt
by News Team on March 22nd, 2007
TweetShareThe organisation is concerned that new proposals, which are designed to protect people suffering debt management problems from having their home entered by bailiffs, will not be effectively enforced. A number of Citizens Advice bureaux in England and Wales have been encouraging the thousands of people struggling to find a debt solution to provide evidence [...]
New safeguards aim to protect the indebted
by News Team on March 22nd, 2007
TweetShareMeasures due to be introduced form part of the tribunals, courts and enforcement bill, which is currently before parliament and aims to ensure the safety of people who are among the “most vulnerable people in our communities”, constitutional affairs minister Vera Baird has announced. “We have always said forced entry can only be used as [...]
Consumers want ‘more for their tax money’
by News Team on March 22nd, 2007
TweetShareWith the country’s debt management concerns continuing to mount up, the finance website Fool.co.uk has claimed nine out of ten UK consumers would like the government do more with the money they recive form the taxpayer. And based on an online survey of close to 2,000 respondents, Fool.co.uk concludes that council tax, stamp duty and [...]
Get the facts about debt options, expert urges
by News Team on March 21st, 2007
TweetSharePeople should make sure they are aware of the potential implications of entering into either an Individual Voluntary Arrangement (IVA) or bankruptcy arrangement, suggests James Jones, consumer affairs manager at Experian. Advice from impartial professionals can prove invaluable in such instances and credit consumers must not enter in to an IVA lightly, Mr Jones continued. [...]
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