How to Deal With Business Debt in the UK?

Answer While the UK has seen an increase in the numbers of small and medium businesses, business debt is also at high levels according to government statistics.[citation needed] Figures released for the f... Read More »

Top Q&A For: How to Deal With Business Debt in the UK

Why Is a Silent Business Partner Considered a Bad Business Debt for Tax Purposes?

A partnership may be founded on a simple handshake, but ideally it should be documented with a well-crafted and detailed business plan. There are two recognized types of business partnerships, gene... Read More »

How to Deal With Debt?

There are six main strategies that one can use to manage debt. It's important to educate yourself on all of your options before deciding on one solution.

How to Deal With Debt Lawsuits?

If you receive notice of a debt lawsuit, you are past the point of ironing out an immediate repayment plan with your creditor. You are instead at the point that you are being sued by the credit com... Read More »

How to Deal with Zombie Debt?

Collecting old debts - even debts for which you are not legally responsible - is becoming a very profitable venture. Companies can buy those debts (sometimes referred to as "junk debt") for pennies... Read More »