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 … Read more

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 … Read more

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 … Read more