Debt Agreements And How They Can Work For You

Are you struggling to pay your bills each month?  Are your interest charges on credit cards and loans making it more difficult? A debt agreement may help reduce your costs and help you make your payments more easily. There are different types of debt agreements options available to you. The main ones being either informal…

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Insolvent – What Does Insolvency Mean

To be insolvent means that you are unable to pay your debts when they fall due. When a business finds itself in this situation, it is unable to pay its bills when they are due The rest of this article will refer to individuals who are can’t pay their bills when due. There is a…

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Declaring Bankruptcy To Take Back Your Life From Debt

Is this your situation?  You are no longer able to pay your bills as your income is not sufficient to service the debt  Creditors are calling you or sending letters and demanding their money, and  You are worried about where all this is leading. There are many reasons why you might find yourself in this…

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Debt Consolidation

Consolidate Your Loans For Lower Cost and to Make Life Easy How much of your payments each month is made up of of interest expense? Do you have high interest loans such as credit card and personal loans? If you do then you could benefit from debt consolidation. The beauty of consolidating your high interest…

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What is a Trustee in Bankruptcy?

A trustee in bankruptcy is effectively an officer of the court who plays an important role in the administration of estates. Bankruptcy Trustees also have legal obligations that are set out in the Bankruptcy Act 1966. This includes investigating issues to do with estates and to perform certain tasks in that regard. These obligations are…

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