Category Archives: Debt

What Is The Difference Between Bankruptcy And Liquidation?

When an individual or business becomes insolvent they will need to seek a specialist insolvency solicitor to guide them through various legal steps to ensure that they can be released from their debt. Bankruptcy and liquidation are often the last resort in paying off creditors and dealing with debt for individuals or businesses in financial […]

5 Reasons To Avoid A Payday Loan

Payday loans are incredibly easy to obtain, which in theory should ring alarm bells. However, due to unemployment levels and a poor economy, thousands of people turn to payday loans to try and clear their debts immediately. Ironically, payday loans often cause people’s debt problems to escalate instead of acting as a quick solution. People […]

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