Today in UK Debt: 02/06/2022

June calander

P&O Ferries Loses Government Contract A few months ago P&O ferries sacked over 800 employees. Then replaced the sacked workers with “foreign agency workers” who will work for less. Not a good move in the public eye, maybe on paper, but not good. The UK Border Force who had a contract with P&O has ended […]

I Need Advice On My Deceased Father’s Estate

rose

Question My father recently died and he had a lot of unpaid bills and debts due to his company. He was the Director of the company and everything was in his name. My sister and I are sorting through his accounts, and while he had a few properties and also some bank accounts with substantial […]

My Husband Died How Do I Handle His Finances?

rose on a grave

Question Hi, I’m 55 years old & just lost my husband very suddenly (May 2021). I have a lot of finances to sort out & was wanting some advice & help if this is possible? Thank you If I could start with these questions please, I need help to cancel credit cards & council tax […]

Death – Debt – Estates – Taxes

man walking to the heavens

Try to say that a few times in a row. There is a song by a band called the Godfathers from the 80’s I believe entitled, “Birth, School, Work, Death”. And if you like taking matters to the least common denominator, that song does encompass this. I recently have been faced with matters relating to […]

What Happens To My Mum’s Debt When She Dies?

Will

Question Hi Jon, I ask this question on behalf of my 89 year old mum, whose health is failing. She owes around £5,000 in total to a credit card, Vanquis, and also a loan she took out with Lloyds. What happens to these accounts when she dies? She has life insurance to bury her, but […]