The IVA Website

Bailiffs collect debt for local authorities, landlords and magistrates courts but do they operate within the law?

Working as an undercover trainee bailiff, reporter Jim Whebble shadowed another bailiff, who worked for CSS Enforcement Services to find out just how law abiding bailiffs really are.

They were sent to visit the wife of a man who was in a lot of debt. The bailiff decided to scare the debtor’s wife by climbing up a ladder and peering into her bedroom window.

Rising debt is forcing young people to abandon pension schemes and rely on their properties to increase in value to support them in their twilight years.

The amount of young people investing in a savings scheme has dropped by half over the past decade. However, figures for the 55 to 64 age bracket have remained unaltered when it comes to pension contributions.

Desperate to clear debt, Anne was told that a property investment seminar would change her life. It certainly did, but not for the better.

After some very enticing talks, Anne was persuaded to invest £6,000 in a three day property investment seminar.

Q) “I've been declared bankrupt. What now?”

Debt amongst the over-60’s is not showing any signs of slowing, according to statistics accumulated in the past year. Over the year, debt problems for the group increased faster than any other age bracket.

If you’re considering getting a debt consolidation loan as a way to end your debt, watch out that you don’t unwillingly end up buying protection you don’t want.

A new study found that over half of the loan providers they contacted automatically included and charged optional Payment Protection Insurance (PPI) in their quotes.

After rising early in the morning and slogging through a long hard day, most people trundle their way home to relax. However, as debt looms in many households, there are those who come home only to go straight back out to work again in a second or even third job.

Hundreds of teenagers are falling into debt as they become addicted to gambling.

Addiction to fruit machines, make it easy for youngsters to play with just 10p for a potential pay out of £5.

Ministers are concerned that the new Gambling Act will pave the way for children to become lured into a world of debt, drugs, gambling and crime.

Bankruptcy may seem a worthwhile option for those of us who wish to clear debt within a year and start anew but many are exploiting this form of debt help.