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All news on the topic: Debt

509
Michael Jackson owed staggering nine-figure amount of debt when he died
Legal papers show the King of Pop's estate was near-bankrupt when he died
446
'I paid for my holiday by only using interest I made on my savings'
Vanessa Thompson funded her summer holiday to Crete using a simple tip - and she's shared just how to do it
1040
Buy now, pay later firm with 300,000 customers collapses into administration
Laybuy had already disabled its website in mid-June, but now the news of its collapse has been confirmed, with FTI Consulting handling its administration process
1450
Energy bill payers could save £152 under new plans to cut 'unfair' tax
Standing charges for every household with electricity and gas connections would be cut by almost half under the proposals - saving households over £152 a year
451
UK public debt soars to highest since 1961 despite lower borrowing in May
Public sector net debt as a percentage of UK gross domestic product climbed to 99.8%
636
Record number of people took out debt relief orders in May, new figures show
The number of debt relieft orders reached a new record monthly level of 3,716, an increase of 8% from a previous record high set in April
1236
Moody's withdraws credit rating from Warrington Council amid £1.85bn debt crisis
The Labour-led council in Cheshire has come under scrutiny for a number of investments
696
Martin Lewis fan saves £1,000 a year thanks to easy credit card tip
MoneySavingExpert.com reader Trevor explained how he moved his existing credit card debt to a 0% balance transfer card, where he will now pay no interest for a set amount of time
1431
Lottery winner dined with Bill Clinton after £14M win but quickly lost fortune
Janite Lee, 60, won an impressive £14million in 1993 but was forced to file for bankruptcy in 2001 after racking up millions of dollars in debts after gambling and donating her winnings away
737
Martin Lewis' MSE issues 'danger' warning for common service offered by banks
Martin's MSE team gave a warning about bank account overdrafts - these let you borrow extra money if you fall below £0 and it can be a useful feature to cover unexpected bills or payments
582
WeWork hails end of 'painful' restructuring of UK and Ireland office spaces
The company has streamlined its premises, narrowing down from about 50 to 40 offices spread across London, Cambridge, Edinburgh, Birmingham, Manchester and Dublin
1217
OJ Simpson's estate tax lien emerges as families to miss out on payment
OJ Simpson was found to be responsible for the deaths of Nicole Brown Simpson and Ron Goldman in a civil trial in 1997, but his estate has claimed they are not responsible for paying the families
1317
Energy prices 'will remain high and volatile' as bad debt soars to £3bn -Ofgem
In April, the standing charges saw an increase from an average of 29.6p to 31.43p a day for gas, and from 53.35p to 60.1p a day for electricity
390
Government borrowing in April higher than forecast in blow to Chancellor
Borrowing for April hit £20.5billion, the fourth-highest since records began in 1993, and more than the £19.3billion predicted by the Office for Budget Responsibility
1258
What happens if you don't pay your bills - including bailiffs and court orders
Last year, Citizen Advice revealed that one in four people in the UK are currently behind on at least one bill and with bills continuing to rise, there can be some serious repercussions if you do not pay
1372
Woman, 60, hit with British Gas bill from 18 years ago in major blunder
Gillian Evison, 60, from Thornton, received a letter from debt recovery agency Capital Resolve on April 22, telling her she owed £414.72
1014
Pay off debts or save - money expert explains where your cash is best spent
Myron Jobson, senior personal finance analyst at interactive investor, told The Mirror you should focus on paying off the debt with the highest interest and charges first
628
Female sex offender's 'cute' Snapchat mask disguised her depraved secrets
Emily Hedigan, 21, repeatedly sexually abused a young boy in exchange for money to pay off her drug debt. Photos from her social media accounts show her using a Snapchat filter with the word 'cute'
843
Divorced mum's 'dark times of shame' after falling into debt and poor hygiene
Caroline Gandy-Brown, 54, from Wigan, was forced to reuse sanitary products and brush her teeth without toothpaste to ensure her two daughters could have essentials
1382
Barclaycard is making huge change to repayments and it could cost you £1,000s
If you only make minimum repayments every month, MSE calculates it would take you 19 years and three months, with the interest spiralling to £1,655, to clear a £1,000 balance
662
Housing association 'encouraging staff into debt' as workers strike over pay
Sanctuary Housing is now offering loans through a partnership with fintech firm Salary Finance, with the repayments taken directly from the salaries of workers
594
Thames Water warns customers of 44% increase in bills under new business plans
The utility giant - Britain's biggest water firm, with 16 million customers in London and the Thames Valley region - said its new business plan for the five years to 2030 would see spending rise to £19.8billion
915
'Can I consolidate all my debts without damaging my credit file?'
Consumer rights expert Martyn James explains how debt consolidation works, whether it is right for you, plus other forms of debt help including how to get free advice
1426
China says economy 'stable' and rejects Fitch Ratings downgrade
China's Finance Ministry has hit back at a report by Fitch Ratings that kept its sovereign debt rated at A+ but downgraded its outlook to negative,
857
CalMac ferry finally launched from shipyard six years late and over-budget
The ferry, along with its the Glen Sannox, is now approximately six years overdue and projected to cost nearly triple the initial £97million estimate