People ‘must not ignore debt issues’

Posted 09/08/2011

People considering the possibility of getting advice from an insolvency lawyer have been urged to confront their debt issues sooner rather than later.

In the aftermath of the global economic downturn, an increasing number of Britons may be finding it tough to make ends meet, therefore leading them to seek the expertise of a professional in the industry.

And, according to Yvonne Goodwin, managing director of Yvonne Goodwin Wealth Management, it is vital that anyone with serious financial worries takes a proactive stance towards resolving such issues.

She stated: “Don’t bury your head in the sand, don’t leave the envelopes unopened – it won’t go away, it will only get worse.”

Ms Goodwin went on to say individuals should try to make a list of all their outgoings and income to see where they could save some cash.

This comes after research by moneysupermarket.com revealed that 76 per cent of parents will use a credit card or their overdraft to pay for their summer expenses.

The team at Ashtons Legal can offer professional advice to anyone facing the prospect of insolvency