As 53,000 Repossessions Predicted For 2010 Debt Release Direct Offers Help

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The Council for Mortgage Lenders have predicted the number of repossessions in 2010 to be 53,000, up by 15 per cent on 2009. Debt Release Direct is offering people the help to get back in control of their finances.

(I-Newswire) March 12, 2010 - A recent report published by the Council for Mortgage Lenders (CML) shows that the number of repossessions in the UK increased by 15 per cent in 2009, in comparison to figures from 2008.

Over the last 12 months, 46,000 properties were repossessed in the UK compared to 40,000 in 2008. If this trend is anything to go by then the number is surely set to increase in 2010, which has been predicted by the CML. These are worrying statistics for Britain, which is already suffering high unemployment rates and astonishing debt problems.

But instead of dwelling on the doom and gloom, Debt Release Direct is offering help to those fearing financial woes from the dismal conditions of Britain’s economy. Debt Release Direct is helping those who are suffering with financial demands, by helping them to get in control of their finances before it becomes too late.

Whether this involves remortgages, Debt Management Plans (DMPs), Debt Relief Orders (DROs), Individual Voluntary Arrangements (IVAs) or loans, Debt Release Direct understand that it is now more important than ever to offer a helping hand to those most in need.

Chris Bannister of Debt Release Direct, said: “It is critical that the public seek appropriate help and advice as soon as they recognize they are in financial difficulties. The earlier problems are identified, the easier they are to rectify with the minimum fuss.”

About Debt Release Direct:
Debt Release Direct is one of the UK’s leading debt management companies that has been operating in the debt industry for over 10 years. During this time they have worked alongside some of the largest consumer credit organisations in the UK.

Debt Release Direct specialise in a number of debt management solutions ranging from Individual Voluntary Arrangements to insolvency and bankruptcy advice. Each Debt Release Direct advisor is fully trained and qualified to answer your queries regarding debt management.

Company Contact Information
Debt Release Direct
Chris Bannister
First Floor
Crown House
BL9 7JR
Phone : 0800 019 7465

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Published in:

Home and Family > Banking / Personal Finance

Tags:

mortgage debt help debt Debt Release Direct help with debt remortgage repossession repossessions

Published on:

March 12, 2010

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