Money Advice Trust suggests speaking to someone for debt relief
www.moneynews.co.uk > Debt > Money Advice Trust suggests speaking to someone for debt relief
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Money News |
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Money Advice Trust suggests speaking to someone for debt relief
Wed 11th Aug 2010
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The Money Advice Trust said many people in the UK still choose to carry the burden of debt in silence, even though seeking advice could lead to an effective solution.
Recent reports have indicated that serious debt problems have left the Duchess of York on the brink of bankruptcy.
"Coping with unmanageable debt is a difficult experience, no matter what your background," said Louisa Parker, head of research and policy at the Money Advice Trust.
"It is vital you contact a trained money adviser who will weigh up all the available options before you make any big decisions," she added.
Earlier this week, the organisation said the large number of people seeking bankruptcy in the UK is "deeply concerning", despite the latest figures from the Office of National Statistics revealing a slight fall in personal insolvencies.
Click here for more debt news
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