People struggling with the threat of bankruptcy could make a payment protection claim to alleviate some of their financial troubles.New research from the Money Advice Trust (MAT) shows nearly five million consumers in the UK are concerned by their current fiscal situation.People could find that loan refunds are a more viable option than many of the current solutions they are using such as shopping on credit cards and selling assets or even pets.British households are finding it increasingly difficult to put food on the table, buy petrol and pay for gas and electricity and consequently many are finding themselves in growing debt problems, said Joanna Elson, chief executive of the MAT.The latest figures from the Insolvency Service show the number of people opting for insolvency is increasing, as 3,039 people chose to have a voluntary liquidation.This equates to a 6.8 per cent rise compared to the third quarter of 2010.Amir HussainAmir specialises in personal loans, consumer debt and debt management.
Belmont Thornton Ltd. is regulated by the Ministry of Justice in respect of regulated claims management activities; our registration is recorded on the website www.claimsregulation.gov.uk number 18273
Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233, whose head office and registered office is at Suite 2, Unit 25, The Coda Centre, Munster Road, London, SW6 6AW. VAT Registration number 945 3375 06.
Belmont Thornton Ltd is registered with the Information Commissioners Office to ensure compliance with the Data Protection Act 1998 registration number Z1728023 and holds a Credit Consumer License issued by the Office of Fair Trading license number 634655.
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* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.