The growth of personal debt is an ever increasing problem that is caused by the ease at which people can enter into an agreement for credit with financial institutions. When individuals fail to meet the repayment schedule these agreements are broken, the financial institutions then have a legal right to the money outstanding.

There are many reasons why people get into financial difficulty. These could be divorce, sickness, birth of a child, business failure, retirement, maternity leave, loss of overtime etc………..or just plain bad financial management.

When these difficulties occur it is important to get the right advice. Many people will ignore their creditor's letters or telephone calls in the hope that their situation might improve, or something might turn up, or that their creditors will go away ! But of course they never do. Relationships can become strained due to the pressure and stress of juggling finances or 'robbing Peter to pay Paul'. This in itself can lead to ill health, divorce and in extreme cases even suicide.

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