My Relationship Has Broken Down And I Am Unsure What To Do?

broken heart

Question Jon, my situation is as follows: I was in a long-term relationship with my partner for over 20 years, and we have 2 children together. I had inherited our home prior to meeting, but we did live there together for over 20 years. There has been a breakdown in the relationship and my partner […]

Today in UK Debt: 08/04/2022

2022 calendar

Can I Really Pay Less Than The Full Balance I Owe On a Debt? The answer is yes, it is possible to pay off a debt/account, and not pay the full balance you owe. This is called settling an account or also called DSO/Debt Settlement Offer. In the majority of these settlement offers, you need […]

I Have Split From My Partner And Am Struggling With The Bills

broken heart on a mobile phone

Question My partner and I have split up and we have 2 credit cards together. I am now responsible for child maintenance and am falling behind in the card payments. I am also beginning to be late on my rent, as the increased cost of paying rent, child maintenance and the usual bills is more […]

Turning To Crime To Get Out Of Debt

handcuffs

In the majority of countries, including here in the UK, being in debt is not a crime. There may be a crime committed during the course of getting into debt such as fraud, taking out loans in someone else’s name, which is also a form of fraud, and other acts which are a crime. But […]

What Is a Bridge Loan And Do I Need One?

old bridge

A bridge loan is exactly what it sounds like, a loan to bridge two things, usually two other loans, and usually mortgages. The context that bridging loans are used is usually when you are selling one property, and buying another. The bridge loan helps you buy the new property, while you are waiting to sell […]

Am I Entitled To My Partner’s House?

old house

Question Jon, My partner of 20 years and I are sadly splitting up, they have found someone new. It is still hard for me to think about. I moved into their home 15 years ago, and we have split the bills 50/50 since then. It was her house, but for 15 years I paid half […]

I Want To Go Bankrupt To Get a Fresh Start

divorce papers

Question Jon, I will give you an overview of my situation, and then also let you know my plans. I would just like a second opinion. I met my ex-wife at uni and were married and now have 2 children. My debts are as follows: 1 Credit card with a balance of about £3,000 A […]

I Need Advice On Bills When a Relationship Ends

broken heart

Question Hi Jon, My partner and I of 20 years are going our separate ways, and we are dividing the bills and accounts as to who pays what. We have 2 joint credit cards and a car on HP that is in both our names. We do not own any property, we live in what […]