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| SimplyFinance: Debt Advice |
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| Written by Jenny Bailey |
| Thursday, 07 April 2011 10:28 |
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Debt can cause many people to shut down and ignore their lenders. Sadly, pretending financial problems don't exist won't make them go away. Quite the opposite, in fact. If your lenders aren't notified from the beginning, you can risk damaging your relationship with them - giving you less space to manoeuvre when discussing your options. The best way to start your journey to a debt-free life is to pay SimplyFinance a visit... Offering an online community of financial experts, this website provides money advice that's bespoke to each member. This is the best place to start, as you'll receive tips and guidance on making the right financial moves for you. Another benefit of the website is that its advice is free, which is an element that will particularly benefit those in debt. There's a form on the website, which will take only two minutes to complete. Once you've submitted your details, you'll receive a confidential, no-obligation call from a specialist, who will be able to give you a full analysis of your debt, income and personal situation. You'll also receive clear advice on how to set up a solution. Getting out of debt is possible - you just need the right advice and honest relationship with your lender. Take Neil Morrissey for example - in 2009, his property firm collapsed and he was left 2.5m in debt. He saw filing for bankruptcy as the easy way out, claiming 'There are too many people who have lost their money in these deals. I want to pay them as much as I possibly can. I feel morally obliged." Morrissey agreed an Individual Voluntary Arrangement (IVA) plan with his lender, which consisted of paying all of his earnings, excluding living costs, to his creditors over a three-year period. IVAs, debt management, trust deeds, debt relief orders, bankruptcy... no matter what your money issue, SimplyFinance can put you in touch with the right people to advise you. The website also offers advice on other financial matters, such as guidance on your mortgage and budgeting tips. About the Author: Jenny Bailey is a finance writer who is a regular user of SimplyFinance. For more information, visit simplyfinance.co.uk Kindly provided by LJ-Marketing.dk You are welcome to use this article on your own website, if you include the link just before this text. |
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