Category: Managing Debt
Gambling Debt: Legal Overview in the UK
What is Gambling Debt? Gambling debt is money owed as a result of betting or gaming activities, such as losses at casinos, online gambling sites, bookmakers, or private bets with friends or acquaintances. These debts can arise from a range of situations – whether you’ve lost money on a sports bet, run up a tab…
How to Set Up an Informal Repayment Arrangement UK
What Are Informal Repayment Arrangements? What Are Informal Repayment Arrangements? Informal repayment arrangements are flexible agreements made directly between you and your lender to repay a debt, without going through the courts or using a formal debt solution. These arrangements are not legally binding, but they can be a practical way to manage debts if…