Tag: <span>Recover Your Debts</span>

May 16 2023 16th May 2023 16th May 2023 by admin

The different types of bailiffs

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Bailiffs play a crucial role in the legal system, ensuring the enforcement of court orders and judgments. They are responsible for various tasks, such as serving legal documents, recovering debts, and executing evictions. There are several types of bailiffs, each with distinct responsibilities and jurisdictions. This article provides an overview of the different types of…

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May 01 2023 1st May 2023 11th April 2023 by admin

Why you should pay off your credit cards on a monthly basis

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Paying off your credit cards on a monthly basis is one of the most important financial habits you can develop. There are several reasons why this is important, and I will explain them in detail below. Firstly, paying off your credit cards every month can help you avoid high-interest charges. Credit cards typically have high-interest…

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Apr 10 2023 10th April 2023 11th April 2023 by admin

If you are in debt, seeking help can provide a range of benefits

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If you are in debt, seeking help can provide a range of benefits. Here are some of the ways that getting help can be beneficial: Reduced Stress: Debt can cause significant stress and anxiety, especially if you are struggling to make ends meet. Seeking help can provide a sense of relief and reduce your stress…

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Apr 01 2023 1st April 2023 11th April 2023 by admin

Not paying your rent can have serious consequences, both legally and financially

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Not paying your rent can have serious consequences, both legally and financially. Here are some of the potential outcomes if you fail to pay your rent: Late Fees and Penalties: Most lease agreements have a clause that specifies the deadline for rent payment and the amount of late fees or penalties you’ll incur if you…

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Feb 13 2023 13th February 2023 13th February 2023 by admin

Tips to avoid debt

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Debt can quickly spiral out of control and become a major burden, so it’s important to take steps to avoid it. Here are some tips to help you stay debt-free: Create a budget: A budget is a crucial tool to help you manage your finances and avoid debt. Make sure you account for all of…

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Feb 05 2023 5th February 2023 10th February 2023 by admin

What are the causes of business debt?

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The effects of business debt can be catastrophic; without finance to pay wages, purchase new inventory or repay debts, businesses cannot function as they should. This throws a spanner in the works when it comes to developing staff skills and product/service quality – something banks take into account before offering support. It takes just one…

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Jan 20 2023 20th January 2023 15th December 2022 by admin

Does Debt Die With You?

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What happens to debt when you die? When you pass, your unpaid debts are not forgotten. It’s the executor of your Will that is legally obliged to distribute any remaining debt among rightful creditors. But be warned – if a debt exceeds the value of an estate it can leave those behind unable to make…

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Jan 06 2023 6th January 2023 15th December 2022 by admin

Paying bills and expenses after someone dies

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When someone passes away, settling their estate involves discharging all outstanding debts and managing expenses related to their death – such as funeral costs. It’s important to ensure that a deceased person leaves behind a legacy of balance for those left behind. When someone has died, their estate is liable for paying their outstanding debts….

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Dec 01 2022 1st December 2022 28th November 2022 by admin

Late Payment – what are my rights if a supplier refuses to pay on time?

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As a small business owner, getting paid on time for all your transactions is essential. A late payment to a small business affects the business in many ways, from potentially not being able to pay staff or not being able to pay rent on time. What is the Late Payment of Commercial Debts (Interest) Act…

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Nov 18 2022 18th November 2022 18th November 2022 by admin

Prevention and management of rent arrears

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Timely rental collection is key to maintaining a healthy revenue stream. Ultimately, this is what makes a functioning property business where bills are paid on time and balanced in accounting books. However, rent arrears have increased nationally in the last few years, presenting concerns for landlords and the government around reliance on legal action. This…

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