Credit Action Report September 2011

North_East_Derbyshire_CAB

Hi

A report to take your breath away -

http://www.creditaction.org.uk/assets/PDF/statistics/2011/september-2011.pdf

NED-CAB

debt_doctor

North_East_Derbyshire_CAB wrote: »

Hi

A report to take your breath away -

http://www.creditaction.org.uk/assets/PDF/statistics/2011/september-2011.pdf

NED-CAB

Are you just trying to cheer me up !!!!!!! :eek: Must get another beer !

DD

North_East_Derbyshire_CAB

debt_doctor wrote: »

Are you just trying to cheer me up !!!!!!! :eek: Must get another beer !

DD

Hi

Yes:)

Think you might be better with a 'double jack' though.

Have good weekend.

NED-CAB

dojoman

Thanks for the "up" much appreciated:T

IF

Its does take your breath away NED-CAB!!! Sad eh!!

North_East_Derbyshire_CAB

dojoman wrote: »

Thanks for the "up" much appreciated:T

Hi

Dont mention it, only to glad to be of assistance:)

NED-CAB

North_East_Derbyshire_CAB

ifwisheswerehorses... wrote: »

Its does take your breath away NED-CAB!!! Sad eh!!

Hi Ifwishes

Along with this report, what is also very worrying is that it appears where people are actually engaged in a debt remedy / solution they may still be struggling.

For example we are seeing more and more people with failing IVAs and find ourselves challenging proposed Income Payment Arrangements / Income Payment Orders in bankruptcy.

The cost of living is increasing right across the board, especially utilities and motoring costs not to mention food.

When people go down the route of a formal debt solution (or any debt remedy really) the idea is for them to be able live and make a fresh start unfortunately we are inreasingly seeing evidence that this may not be the case.

We are staring to ask - is there such a thing as a straightforward end result type of case anymore?

We are considering whether to start a number of threads on these type of issues to share experiences and discuss the way forward so to speak.

Keep up the good work.

Well.........it is Monday:)

NED-CAB

IF

North_East_Derbyshire_CAB wrote: »

We are staring to ask - is there such a thing as a straightforward end result type of case anymore?


NED-CAB

Been thinking the same thing myself today, noticed a big change over this last 6 months on the boards here!!

debt_doctor

North_East_Derbyshire_CAB wrote: »

..... find ourselves challenging proposed Income Payment Arrangements / Income Payment Orders in bankruptcy.

The cost of living is increasing right across the board, especially utilities and motoring costs not to mention food.

When people go down the route of a formal debt solution (or any debt remedy really) the idea is for them to be able live and make a fresh start unfortunately we are inreasingly seeing evidence that this may not be the case.


NED-CAB

I couldn't agree more, well done NEDCAB.

DD

minicooper1961

Just read the report...........................:eek::eek::eek::eek::eek::eek::eek:
gone for a lie down...........

Mini xxx

North_East_Derbyshire_CAB

debt_doctor wrote: »

I couldn't agree more, well done NEDCAB.

DD

Cheers debt doctor

"We are considering whether to start a number of threads on these type of issues to share experiences and discuss the way forward so to speak"

On second thoughts there is no need for us to start any new threads on IPAs / IPOs etc after reading through this -

https://forums.moneysavingexpert.com/discussion/3350246

Great stuff, keep up the good work everybody.

NED-CAB