If you have a debt problem, one of your options for sorting it out might be bankruptcy. You can apply for bankruptcy if you can’t pay back your debts. As well as applying for bankruptcy yourself, someone else you owe money to (a creditor) can ask a court to make you...
HM Revenue & Customs collects tax to pay for public services. Each year the Chancellor’s Budget sets out how much it will cost to provide these services and how much tax is needed to pay for them. What taxes might I pay? Key taxes that you may have to pay include:...
Getting financial advice: There will probably be times in your life when you’re not sure what to do with your money or what decisions you need to make about your financial future. There are thousands of different financial products on offer and choosing between...
Equity release: Equity release is a way of releasing cash from your home without having to move – but it does come with certain risks. Equity release is a big decision. You should consider it very carefully and get specialist financial and legal advice before making...
Debt can be a problem at any age, but you may find that as you get older you struggle to manage on the income that you have. There are many factors that can lead to debt problems, including retirement, illness, disability, divorce, bereavement and poverty. Inadequate...
Credit Union loans: A credit union is a self-help co-operative whose members pool their savings to provide each other with credit at a low interest rate. To be part of a credit union you have to share a common bond with other members. This is something you all have in...
