'Winter of discontent’ for retailers with continued rise in insolvency

03 Feb 2012

Figures published today by the Insolvency Service show that personal insolvencies reached 119,867 - an 11.3% decrease on 2010’s levels.

 

 

Corporate insolvencies and liquidations are nearly 4% up on 2010 (20,999) with the total number of businesses going bust standing at 21,828 for 2011.

Repossessions back on the rise

12 May 2011

Figures published today by the Council of Mortgage Lenders (CML) show that the number of repossessions in the first three months of this year reached 9,100 – up 15% from 7,900 in the last quarter of 2010 but down 10% from the same period a year ago. Levels of mortgage arrears were also down over the same period.

The Debt Advisor and Doran Scott Williams announce new partnership

05 May 2011

The Debt Advisor are pleased to announce a partnership arrangement with leading financial services training specialists, Doran Scott Williams (DSW) to deliver ‘Core Skills’ workshops for their affiliates.

Paradigm and The Debt Advisor announce new strategic partnership

19 Apr 2011

Paradigm Mortgage Services, the mortgage partnership proposition, has today (19th April 2011) announced a new strategic partnership with award-winning debt advisory specialists, The Debt Advisor.

The Debt Advisor links up with Mortgage Promotions

25 Feb 2011

Award-winning, Manchester-based debt management company, The Debt Advisor, has partnered with specialist mortgage club, Mortgage Promotions, to offer personal and corporate non-lending solutions to all its FSA-regulated mortgage adviser clients.

The Debt Advisor launches portal to introducer network

28 Jan 2011

Award-winning debt management company, The Debt Advisor has extended its range of services by launching a new website and portal specifically for introducers, clients and creditors.

Debt levels could be ‘tip of the iceberg’, warns The Debt Advisor

06 Aug 2010

Figures published today by the Insolvency Service show the number of personal insolvencies in England and Wales reaching 34,743 in the second quarter of 2010 - a decrease of 2.6% on the previous quarter but an increase of 5.0% on the corresponding quarter a year ago. The figures consisted of 13,466 Individual Voluntary Arrangements (IVAs), an increase of 10.2% on the corresponding quarter in 2009, 14,982 bankruptcies, representing a decrease of 20.6% on the corresponding quarter of 2009 and 6,295 Debt Relief Orders (DROs).

The Debt Advisor joins the club…

30 Jul 2010

Award-winning, Manchester-based debt management company, The Debt Advisor, has joined Mortgage Brain’s Affinity Club.

The Debt Advisor to help HM Forces

30 Jul 2010

Award-winning, Manchester-based debt management company, The Debt Advisor, has partnered with specialist armed forces home-buying adviser, Mortgages4Forces, to offer debt solutions to the military.

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All debt solutions should be very carefully considered. Fees will be charged to the client if a solution is taken in order for us to set up a plan and maintain it - all fees will be outlined during the consultation. The Debt Advisor complies with the Consumer Credit Act and clients have the right to a cooling off period of 7 days. It is likely that their ability to obtain further credit in the short term will be affected and this may also be the case over the medium to long term