I Consolidated My Credit Cards And Are Still Using Them

credit cards

Question Jon, My brother stupidly took out a loan for a few thousand pounds to consolidate 2 credit cards he had maxed out. Now he has the loan to pay and he has been using the credit cards again, so they have balances and payments each month. He cannot afford to repay all these payments. […]

Should I go Bankrupt?


Question Jon, my situation is as follows: I owe £50,000 in credit cards and loans for my business. I guaranteed these debts. I had a property development company which has now gone bust. I own a property with a mortgage, but there is no equity left, and I am OK with losing it. I am […]

I Was Made Redundant And Cannot Afford My Bills

services no longer needed

Question Jon, I was recently made redundant which I found odd as the store was hiring just when the last lock down lifted. I am challenging the redundancy, but for now I am out of work. I have researched and applied for Universal Credit, and that will help pay my rent, and food, but I […]

What Can I Do About My Elderly Mother’s Debts?

elderly hands

Question Hi Jon, I have followed your web site and the advice you have given and now need some advice of my own. My mother is 85 and her health is failing. She does not own her property, it is a Council house she has lived in for 80 years. Yes, 80 years, it was […]

I Need Some Advice On How To Handle My Debts Now That I Am Redundant.

hand rising up out of the water

Question Jon, I have £20,000 of debt from a few credit cards, and some consolidation loans. I tried to consolidate the credit card debt on 2 occasions but I just kept using the cards. I was on furlough due to the virus, but have now been made redundant. There are jobs to be had, but […]

I Am In a Token Payment Plan And Getting Nowhere. What Can I Do?


Question Jon your advice to people is greatly appreciated, and I need some of it. I was made redundant a few years back, and entered into a debt management plan at that time. I have only found part-time work here and there over the past few years. When the pandemic hit I went to a […]

How Can I Reduce My Debt to Pay it Back?

stressed woman

Question I’ve got around £2000 debt, not much but it heavy on me. I’m single mum and struggling to pay back and I don’t want to to grow etc. How can I affordably pay it back or can I reduce my debt so it is easier to pay back? Answer Kinga, Is the debt you have […]

What Can I Do To Get out of Debt?

stressed person

Question Hi Jon, I need some advice on how to get out of the debt I am in. I owe £35,000 due to my business failing, and another £10,000 in personal debts. I am the Director of the company and guaranteed all the business loans. I am back trading, but not at the level I […]

What Is a Token Payment Arrangement?

£ sign

A token payment arrangement, or token payment plan, is a way to help someone who may be experiencing a major financial change, be in debt, and needs a space or time to sort the matter out. It is similar to the “breathing space” scheme many creditors are offering. How Does a Token Payment Plan Work? […]