Anyone can fall on hard times and find themselves in debt, and if you've had notice of impending attachment of earnings order you should know exactly what you're dealing with. Life can throw up many different crappy circumstances, unannounced, unwanted, and out of our control. If it does, burying your head is the last thing you should be considering. Debt is a bitch that needs to be tackled head on, make no mistake about that. The fact of the matter is if you have outstanding debt, one or more of your creditors could take court action against you and obtain a County Court Judgment (CCJ) or another court order. In a nutshell, a court order means you must pay the money owed back either in instalments or in full by an agreed date. Should you fail to meet the requirements of the court order, your creditor can crack on with taking further action against you to retrieve the cash you owe. There are several ways they can go about doing this. If you’re working, your creditor could well try to obtain a court order that takes money from your wages which is paid directly to them - you have no say, not a peep, it'll never hit your bank. This is what they call an attachment of earnings. I'm going to give you a no nonsense guide of what happens if your creditor(s) apply for an attachment of earnings order and if there is anything you can do to prevent, or change the terms of the order. If you've got this far, you know you need some help, so please keep reading on and leave here today knowing what you're going to do to sort this.

What Is An Attachment Of Earnings?

Anyone can fall on hard times and find themselves in debt, and if you’ve had notice of impending attachment of earnings order you should know exactly what you’re dealing with. Life can throw up many different crappy circumstances, unannounced, unwanted, and out of our control. If it does, burying your head is the last thing you should be considering. Debt…

On average, the payout for a PPI claim is approximately £3000 — and there’s a likelihood that you’ll be owed a similar amount. That figure alone should be all the motivation needed to at least check if you’re owed PPI, but that’s not the only reason to keep in mind…

Why Now Is the Time to Check If You’re Owed PPI

On average, the payout for a PPI claim is approximately £3000 — and there’s a likelihood that you’ll be owed a similar amount. That figure alone should be all the motivation needed to at least check if you’re owed PPI, but that’s not the only reason to keep in mind… You will likely have already heard of Payment Protection…

A bailiff has the right to take away some of your possessions, with the exception being anything you cannot live or work without. They can sell any possessions they lift from your home to raise money that is paid to your creditors for your outstanding debt.  As I mentioned earlier, they can be a court official or employed by a private company. Bailiffs usually won’t get involved unless the case has already been to court and you were unable to come to an agreement with your creditors.

How To Deal With Bailiffs And Debt Collectors

If you’ve received notification that you have bailiff action coming your way, you need to clue yourself up about what powers bailiffs have, quickly. Put aside any notions about burying your head, you need to move extremely swiftly in dealing with bailiffs and debt collectors.    I’m going to need you to forget what Janet from around the corner…

Debt can be all consuming if left to get out of control. But, how can you tell if your debts have become a problem that you need help with?

How Do You Know You Have Debt Problems?

Do you know what debt is? Sounds like a silly question right? But, you’d be surprised how many of us don’t understand the meaning of it enough to recognise whether it has become a problem. A simple definition of debt  is a sum of money that is owed or due, a financial obligation that you are bound to pay…

Parking tickets shouldn't cost you your life!

Parking tickets are expensive – but shouldn’t cost you your life

Jerome Rogers, a 20 year old courier, got a couple of parking tickets last year that he couldn’t afford to pay. After these were sent to the bailiffs, two £65 tickets ballooned to a debt of over £1,000. A bailiff clamped his motorcycle so Jerome couldn’t earn any money at all and he killed himself. But this isn’t just…

If you think you're to young to start investing you're wrong, in fact, you're in a better and stronger position to get started. Here's why!

5 Reasons Why The Early Bird Catches The Worm When It Comes To Investing

I have long advocated the need for financial education whilst we are younger, even more so now in a modern world where the cost of living is forever increasing and the state pension becomes stretched so far it will  barely make ends meet by the time millennials and Generation Z have chance to draw from it. Whilst compulsory company…

Being refused credit is frustrating. But what should you do to give yourself the best chance of being accepted in future by other potential lenders?

What You Should Do If You Have Been Refused Credit

Being refused credit can be so annoyingly frustrating, trust me I’ve been there when I was told I needed credit to be taken seriously for a mortgage. Regardless of who Experian, at the time, were recommending, I was having no luck whatsoever in getting anyone to accept me. Little did I know then, there were ways in which I…

Banking jargon can be difficult to understand, especially when nobody has taken the time to explain it to us. In this guide I have debunked many of the most common types of banking jargon!

Banking Jargon Debunked: What Does It Mean?

Financial agreements and products come full of banking jargon and terms that most of us don’t understand. In fact, it’s safe to say that up until a few years ago, some of the banking jargon used in my mail may as well have been written in Japanese for all I understood about it. I recently asked my work colleagues to…

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