A debt management firm called Credit Issues has had some success in challenging credit card and personal loan balances by requesting “true copies” of the original agreement has proved a powerful and effective approach.Several rulings by various District Judges have vindicated that strategy and in most cases so far, those “true copies” have

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Recent data indicates that personal insolvencies in Scotland rose by a dramatic 137% in stark contrast to figures published on Protected Trust Deeds (a Scottish version of an IVA) which suggest a modest 1.6% increase quarter on quarter.This of course reflects only those who have approached a licenced insolvency practitioner to set up such an arrangement. These figures may seem counter intuitive when set against  other data

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After years of careless lending and borrowing we have all woken up to the problems of debt. Most people seemed to assume we could go on forever with rising house prices and ever larger mortgages. A financial crash was sure to happen because so much borrowed money was secured on the assumed rising value of property and when borrowers reached their borrowing limits it all came crashing down.

Now, we have so many people who have debts they

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