Tag Archives: debt relief order
- Can I Move Abroad When on a Debt Relief Order DRO? – Liga
“Dear Jon, Hi! My friend applied for DRO and it has been approved 2 months ago. He is without job now and been offered job abroad. Is there any restrictions about leaving a country? Couldn’t find nothing about it, just that he must inform Official Receiver about changing adress. Thank you! Is there any restrictions [...]
- I Was On a UK Debt Relief Order and Want to Get It Off My Credit Report. – Simon
“Dear Jon, Hi, I was on a debt relief order a couple of years ago, it was satisfied about a year ago. On a recent credit report the bankruptcy was on there, also there was one of the debts that I thought had been covered by the DRO. Also the bank say that I cannot [...]
- I Guaranteed a Loan for My Daughter in the UK. How Do I Deal With This? – Shirley
“I have debt with about five different companies and owe about 6 thousand pounds, plus i owe money to a bank thanks to my daughter, i do not work as i am registered disabled so i only have the money i get from my benifits i am divorced so have no husband to help me. [...]
- Ireland on the Verge of Joining the Modern World and Proposes to Stop Throwing People in Jail for Debt
In 2007-2008 I spent a lot of time in Dublin, Ireland helping groups try to put forward reasonable solutions for consumer debt. The reality was Ireland had no bankruptcy law so people were getting tossed in jail, a real modern debtors’ prison situation. I worked on developing the first attempts to help the court understand [...]
- Debt Relief Orders – The Cheap Way to Legally Stop Collection Calls and Eliminate Problem Debt
America might be at the forefront of coming up with creative and crafty ways for consumers to extend themselves with credit and debt but real props have to got to the UK for coming up with a great tool to help consumers eliminate problem debt, legally, fully, inexpensively and without bankruptcy. The tool is called [...]
- It Will Take 93 Years For People to Get Out of Debt
The Citizens Advice Bureau (CAB) in the UK is saying that based on their recent clients, it will take an average of 93 years for people to get out of debt. The CAB model is unlike anything available in the U.S. Citizens Advice works to provide fee advice to consumers and is supported by funds [...]
- I’m Over My Head in Debt. – Laura
Laura wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Debt Relief Orders Let Consumers Go Bankrupt Through Credit Counselors
An interesting new development in the UK is the formalization of a new tool, the Debt Relief Order, to let consumers eliminate their debts under the power of bankruptcy but without all the hassle or cost. For debtors that have less than £15,000 of unsecured debt and no assets, they can go to a credit [...]
- I Want to Freeze My Interest Rates. – Vladimir
Vladimir wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]