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On the eve of what is sure to be Alistair Darling's most important political statement there is speculation and counter speculation about how he will address the situation of the UK economy next...
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Monday 2nd June 2008
As the economy continues to head south, financial worries rise to the surface and more people than ever face the threat of financial ruin, why are consumers not making use of the Citizens Advice Bureau (CAB)?
The CAB has been around for many years and is fully funded by the authorities with all advice both confidential and free. It seems that more and more people are waiting until their situation reaches breaking point before seeking often costly professional advice. While it would be wrong to claim that the CAB are able to offer the same professional services offered by fee charging companies, they can certainly advise people of their rights and the best course of action for them.
As they say, to be for warned is to be for armed, with many consumers approaching those offering professional services without even the slighted knowledge of their rights and the options open to them. As we have covered on the site over the last few days, there have been a number of instances whereby those in financial difficulty have chosen the IVA option only to declare themselves bankrupt very soon after. It is vital that consumers know their rights and the options available to them. |
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