Social Housing

#debtline People are struggling to make ends meet even in the cheapest form for housing. The Citizen's Advice bureau has stated that there has been a 16% rise in rent arrears within social housing sector and a 26% rise in threats of repossession within this sector.
Add to this the changes in housing and council tax benefit it has made the situation extremely difficult this is reflected in the increase of enquiries about discretionary housing benefit payments which can be paid on top of housing benefit, when housing benefit does not meet all the rental costs; enquiries for this type of payment has increased by 110%.
Are you one of the many struggling to pay rent are you paying other debts first as they are more demanding. Please contact Twinpier for advice.

One pay cheque away from losing your home

Shelter has warned that almost 4 million people are just one pay cheque away from losing their home.   The charity has warned that 44% of working families only has enough money to make one months payment towards their rent or mortgage if they lost their job tomorrow and couldn't find work straight away.

Within that 4 million figure yougov found that 2.9 million would face face the immediate threat of eviction as they had no savings at all.

Do you struggle to make ends meet? Are you using credit for everyday living? Are you facing repossession or eviction please contact Twinpier

County Court Forms Fee Exemption

#debtline #debtdebate Have you received a county court claim which you are late responding to so its no longer free? Or do you need to have claim set aside but cannot afford the court fee. You can fill out a a fee exemption form called and EX160. Please find a copy of this form on our website along with the guide for filling it in. For help with other debts please contact Twinpier

New Bailiffs Powers come into force

New bailiffs rules come into force on on 6 April 2014 and follow the Ministry of Justice consultation on the debt collection industry last year.

They are part of a wider package of reforms to the Tribunals, Courts & Enforcement Act 2007.

·     A ban on bailiffs entering homes at night and from using physical force against debtors.

·     Bailiffs will also be prevented from entering homes when only children are present, and from taking household essentials such as washing machines.

·      Ban landlords from using bailiffs to seize property for residential rent debts without going to court first

·      Introduce mandatory training and certification for bailiffs

·      Ensure vulnerable people get assistance and that bailiffs are trained to recognise them

·      Introduce clearer rules detailing when a bailiff can enter a property and what goods they can take

·      Bring in restrictions on when bailiffs can sell goods

·      Require bailiffs to tell the court the likely means of entry, goods involved and amount of force required before a warrant is granted to force entry, as well as provide details of how the premises will be left in a secure state afterwards

·      Force bailiffs to give seven days' notice before taking possessions, unless they have specific permission from a court

·      Introduce fixed fees, ending the ability of bailiffs to add excessive charges to the amount debtors had to pay

Do you need help with bailiffs contact Twinpier

The Bank of Gran and Grandad

Have you asked your family to lend you money. More than one in three over-65s have helped pay off debts of more than £2,000 for children or teenage grandchildren, the research from MetLife shows.
As many as 17 per cent of the over-45s have helped out their teenage children – and this proportion doubles for over-65s helping out adult children and teenage grandchildren.

Of the 32million Britons with existing unsecured borrowing such as credit cards, overdrafts or loans, as many as nine million will move further into the red to cope this year, the poll from MoneySupermarket found. 
Furthermore two-fifths of people in debt are forced to rely on credit in order to pay their way day-to-day, be it a credit card, personal loan, overdraft, store card or finance agreement. 

Are you using credit for everyday living, are you borrowing money to pay bills? Need help with debts and settling them contact Twinpier

Debt Collectors

Debt collectors are buying up debts for as little as 10 pence in the pound. In the hope that when they collect the debt they can can get more back from the debtor than what they paid for it. Credit cards and loans that have been defaulted on can be reassigned to another company who then becomes the owner of the debt. Debt collectors are set to spend 1.5 billion on bad debt from banks and other lenders by the end of 2017 almost doubling previous figures according to leading credit ratings agency Standard & Poor.
Arrow Global, Cabot Financial and Lowell control 40% of the UK market. Need help dealing with a debt collector contact Twinpier