Tag Archives: council tax arrears

“If I didn’t pay then the bailiffs would be sent”: Faye and Nick’s story

posted by in Bailiffs, Client stories, Council tax, Income shocks Leave a comment

Contrary to popular belief, most people don’t get into debt because they overspend or live beyond their means.

According to our recently released Statistics Yearbook 2014, the biggest cause of problem debt among our clients is unemployment. Just under a quarter of clients tell us it as the main reason for their debt, with a further 12.8% saying they got into debt after experiencing a drop in income.

These income shocks could happen to anyone. In May 2014, it happened to Nick and Faye* from Birmingham.

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March’s top debt and money news stories

posted by in Council tax, Debt, Economy 1 Comment

Debt news

March 2015 debt news

It’s been a busy month for debt news, not least the staggering 372% jump in council tax arrears our clients have seen over the last five years.

And in other news, unions have warned that wages have plummeted in Scotland over the last six years, at a rate not seen since the 19th century.

It’s not all doom and gloom, however. Her Majesty’s Revenue and Customs (HMRC) plans to scrap automatic fines of £100 for late tax returns, which will come as a relief for many self-employed people.

Read more in this month’s round up…

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