UK Credit Repair - Credit Debt
Credit and Debt in the UK
The credit crunch has definitely started and the debt situatiuon in the UK is spiraling out of control very rapidly.
If you are really out of your depth in the UK then you can apply to get an administration order if you have at least 2 credit debts, a CCJ, and the total of your debts is less than 5000 pounds. Remember, ultimately, owing money on a correctly issued credit debt and failing to pay it back is *not* in itself a criminal offence, and so you cannot go to jail or be arrested for it directly. indeed the administration order can include council tax arrears, magistrates fines, credit card debt, mortgage arrears etc. In Britain, for correctly issued credit debts the matter is purely a civil matter... Read more...
More about Credit, Debt, Loans and mortgages in the UK
The complete UK Credit Repair Guide gives you all you need to know about credit and consumer debt. It's the original and most successful Credit Repair Guide currently available.
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