Lanyon Bowdler Solicitors' Legal Blog

Everyone knows that Christmas can be stressful, and especially so from a financial point of view.  In the current tough times, many people may be worrying about finding the money to buy presents and go the extra mile with additional food and drink.  As a result, this can lead to... read more

Reasons for Being in Debt

By Gary Sans in Personal Debt & Insolvency on Thursday 21 July 2011 @ 14:37

Here are some of the most common reasons people get into debt, with some hints and steps you can take quickly to try to improve your situation. 1. Unemployment and Redundancy If you suddenly lose your job and all your income it is important to act fast to try and ease the situation. ... read more

Debt Crisis in Shrewsbury?

By Gary Sans in Personal Debt & Insolvency on Tuesday 12 July 2011 @ 13:19

The Shrewsbury Chronicle recently reported that Shrewsbury is on the brink of a debt crisis.  Numerous debt agencies are already working to maximum capacity and one has seen a 100% rise in calls since January.  It was also reported from the national debt advice charity, Consumer... read more

This week, the Governor of the Bank of England, Sir Mervyn King, has said that in his opinion fears of a wave of home repossessions have been overstated as UK interest rates are set to remain low. He made the statement in response to recent comments made by the head of UKAR (UK Asset... read more

Trouble On The High Street

By Gary Sans in Personal Debt & Insolvency on Tuesday 5 July 2011 @ 10:44

There are further bad times on our high streets this week with the news that some big names such as Jane Norman, Habitat and JT Hughes have all gone into administration.  Other big names such as HMV, Thorntons and Carpet Right have all said that they intend to close a large number of... read more