Liquid Your Company

How long will it take me to pay off my Credit cards?

Posted on 16. Dec, 2009 by Liquid Your Company.

I speak to a lot of people who say things like I dont really
have any debt problems, Ive just got a couple of credit cards and I can afford
to make the minimum payment each month, so Im not really worried
When I then ask them if they have any idea how long this
will take to [...]

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“The most powerful force in the universe is compound interest” Albert Einstein.

Posted on 16. Dec, 2009 by Liquid Your Company.

Einstein was right (not for the first time in his life)
about compound interest. It is indeed the most powerful force in the universe.
Unfortunately though, most people are suffering from this
force. A few days ago I posted a blog
entry entitled How long will it take me to pay off my credit cards. This blog
entry used an [...]

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Does anybody actually care about the level of UK debt???

Posted on 16. Dec, 2009 by Liquid Your Company.

With the National debt now reaching 800billion, most UK taxpayers are either unaware of the consequences of this figure, or theyre aware but just dont care
The definition of Insolvent when applied to a Company is Unable to meet its debts as they fall due
Does this also apply to our Government If it has to borrow [...]

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Debt Management

Posted on 16. Dec, 2009 by Liquid Your Company.

If youre finding it difficult to pay off your debts and you dont qualify for an IVA, a Debt Management Plan may be just the thing for you.
So what is involved in a Debt Management plan?

By taking out a Debt Management Plan you pay back the debts you owe to your [...]

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Bankruptsy

Posted on 16. Dec, 2009 by Liquid Your Company.

For most people Bankruptcy really should be seen as a last resort, but if youre unable to take advantage of any of the other debt solutions available or if they simply do not suit your circumstances it may be the best way out.
The Enterprise Act 2002 came into force on 15th [...]

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