Category: Money and Debt
“Money and Debt” articles dive into all things financial and legal, tackling the nitty-gritty of money matters and debt dilemmas. From understanding how to manage debt and dealing with creditors to knowing your rights as a consumer and navigating tricky financial contracts, these articles cover it all. Whether you’re looking for tips on consolidating debt or need advice on bankruptcy, this category has you covered with straightforward insights and practical advice to help you handle your money matters wisely.
What Fees Can Bailiffs Charge? Your Rights Explained
Introduction to Bailiff Fees Introduction to Bailiff Fees Bailiffs, also known as enforcement agents, are individuals authorised to collect certain types of debts in England and Wales. They may be instructed by courts, local authorities, or private creditors to recover unpaid debts such as council tax arrears, court fines, or outstanding business rates. Bailiffs have…
Debt Collection and Enforcement: UK Legal Overview
Understanding Debt Collection and Enforcement Debt collection and enforcement refer to the processes used to recover money owed when debts remain unpaid. In the UK, this can arise from a variety of situations, such as outstanding utility bills, personal loans, credit cards, or unpaid court fines. When you fall behind on payments, the original creditor…
Bailiff Risk Assessments: Your Rights and How to Prepare
What Are Bailiff Risk Assessments? What Are Bailiff Risk Assessments? Bailiff risk assessments are checks that must be carried out by bailiffs before they visit your home to collect a debt. These assessments are designed to identify any factors that could affect the safety of both you and the bailiff during the visit. By law,…
WASPI and State Pension Age Changes: Your Rights Explained
Introduction to WASPI Introduction to WASPI WASPI stands for Women Against State Pension Inequality, a campaign group formed to address the impact of changes to the State Pension age on women born in the 1950s. The campaign began in response to government decisions in the 1990s and 2000s that increased the State Pension age for…
Insolvency and Bankruptcy: UK Legal Overview
What is Insolvency? Insolvency is a financial state where an individual or a business is unable to pay their debts as they fall due, or their liabilities exceed their assets. While the term is often used interchangeably with bankruptcy, they are not the same. Insolvency is the broader concept describing the inability to meet financial…
Your Rights and Protections as a Vulnerable Debtor in the UK
Understanding Vulnerable Debtors Understanding who qualifies as a vulnerable debtor is crucial when it comes to fair and ethical debt collection in the UK. In legal terms, a vulnerable debtor is someone whose personal circumstances mean they may find it harder to manage debt or deal with debt collectors, such as bailiffs. Recognising vulnerability ensures…
Managing Debt: UK Legal Overview
Introduction to Managing Debt Managing debt means taking control of what you owe and making informed decisions to keep your finances on track. It’s about understanding your financial commitments, knowing your rights, and exploring the best ways to handle debt before it becomes overwhelming. Debt can arise for many reasons – unexpected expenses, changes in…
How Breathing Space Moratorium Protects You From Bailiffs
What is a Breathing Space Moratorium? A Breathing Space Moratorium is a legal scheme in the UK designed to give people struggling with problem debt a temporary pause from most types of debt enforcement action. Introduced under the Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) Regulations 2020, this tool can provide…
Pensions and Retirement: UK Legal Overview
Understanding Pensions and Retirement in the UK Pensions play a crucial role in planning for your retirement, providing financial support when you stop working. In the UK, pensions are not only a way to save for the future, but they are also protected by a strong legal framework designed to safeguard your rights and ensure…
How to Apply for a Stay of Enforcement on Bailiffs
Understanding Court Applications to Stay Enforcement Understanding Court Applications to Stay Enforcement A court application to stay enforcement is a legal process that allows you to ask the court to temporarily pause bailiff actions taken to recover a debt. In practical terms, a "stay of enforcement" means that any steps bailiffs might take – such…
