Published on Sunday, March 16 2008 by Open Doors Money 0 Comments

We’ve provided an exhaustive list of common questions that people ask us about the Protected Trust Deed.  You may well have questions that we haven’t covered, in which case please contact us and we’ll get straight back to you with an answer.

Published on Sunday, March 16 2008 by Open Doors Money 0 Comments

We’ve provided an exhaustive list of common questions that people ask us about the Individual Voluntary Arrangement.  You may well have questions that we haven’t covered, in which case please contact us and we’ll get straight back to you with an answer.

Published on Wednesday, July 04 2007 by Open Doors Money 0 Comments

The most important thing to do is to communicate with your creditors. This may be directly or through credit counsellors. How long do you expect to be struggling for? Is it until your house sells for example – so possibly at least six months?

Published on Wednesday, July 04 2007 by Open Doors Money 0 Comments

If you have unsecured debts they can affect you in several different ways when you look at acquiring a mortgage.

Published on Wednesday, July 04 2007 by Open Doors Money 0 Comments

Usually you have to give the details about the members of your household, dependant or non-dependant. This is applicable in bankruptcy, an Individual Voluntary Arrangement, and debt management, the major debt solutions. This is because the creditors usually require a copy of your household income and expenditure, and the only way to back up what you spend or bring in is to verify the details of the members of your household.

Published on Wednesday, July 04 2007 by Open Doors Money 0 Comments

Before you go ahead with any debt solution you should seek further advice regarding property you own abroad, and I would not advise trying to hide the details of the property as this could be classed as fraudulent behaviour. Here are the different ways it could possibly be affected.

Published on Wednesday, July 04 2007 by Open Doors Money 0 Comments

Firstly what is equity? Equity is any money left over once you have sold or cashed in an asset. So for example if you sell your property, the equity is what is left over after you have paid your mortgage off. If you cash in a pension it is what is left after all the fees and charges have been taken. In certain cases you will have to release equity from any assets you own with the exception of perhaps your vehicle.

Published on Monday, April 30 2007 by Open Doors Money 0 Comments

Please visit us and get in contact if you are struggling with your unsecured debts.  We provide free debt advice for individuals who are struggling with debt in the UK. Advice and assistance in arranging solutions, including Individual Voluntary Arrangements, Debt Management and providing up to date advice on Bankruptcy.

IVA, Bankruptcy, Debt Advice

Published on Sunday, April 29 2007 by Open Doors Money 0 Comments

The most important thing to do is to communicate with your creditors. This may be directly or through credit counsellors. How long do you expect to be struggling for? Is it until your house sells for example so possibly at least six months? 

Published on Sunday, April 29 2007 by Open Doors Money 0 Comments

First of all what is an Administration Order? It is a court order which covers all your unsecured debts, this means you make one payment and the court will distribute it for you to all your creditors.