Call us on our free phone number 0800 587 0093

Legal Service Finder

People Finder

Search AG


My Ashton KCJ Bookmarks

Currently no favourites bookmarkedAdd this page to FavoritesCharacter limit exceeded! Limit:To delete the bookmark click on the title and drag out.Bookmark already exists!Custom titleDescriptionPlease fill in all required fields!  
100smoothness

Warning: Invalid argument supplied for foreach() in /home/ashtonkc/public_html/modules/mod_cd_fapa/tmpl/default.php on line 56
'Record numbers' struggling financially /resources/news/insolvency/2198-Record-numbers-struggling-financially

Home > News & Resources > News > Insolvency > 'Record numbers' struggling financially
'Record numbers' struggling financially
The number of people in the UK who are finding it difficult to meet their financial obligations is higher then ever, according to R3, the trade body for insolvency specialists.

It was revealed that six million Brits are behind on some of their payments, while two million are in danger of exceeding the agreed overdraft limits on their bank accounts.

This could lead to further charges and draw people into a cycle of debt that is difficult to escape from, the group noted.

President of R3 Frances Coulson recommended that people should try to protect themselves against unexpected occurrences by aiming to save more money each month.

"A sudden change in circumstance such as redundancy tends to trigger insolvency so it is always advisable to put some money aside as a buffer," she said.

Last week, figures from Credit Action revealed personal debt levels in the UK stand at a total of £1,452 billon.
 ADNFCR-2347-ID-800572383-ADNFCR
 

Lawyers and Solicitors in Norfolk, Suffolk and Cambridgeshire – Legal services for you, your family, your business

Commercial Legal Services include: Agricultural Services, Commercial Property, Corporate Legal Services, Commercial Debt Recovery, Dispute Resolution, Employment Business, Insolvency, Licensing and Professional Negligence.

Personal Legal Services include: Court of Protection, Dispute Resolution, Elderly Client Services, Employment Individual, Family Law, Powers of Attorney, Residential Property, Tax and Wills, Probate and Trusts

Injury Legal Services include: Personal Injury and Medical Injury

French Legal Services include: French Litigation Assistance, French Matrimonial Transfers, French Property Legal Advice, French Wills and Succession Issues and French Inheritance Tax.

 

Ashton KCJ Offices Bury St Edmunds Cambridge Felixstowe Ipswich Norwich Thetford

SRA Number   45826   |   VAT Number   GB 119 7229 03