DCM Money Solutions on BBC Breakfast

Your chance to catch up with DCM's appearances on the box

BBC Feature on Debt and Bankruptcy

John Baird was interviewed on BBC Breakfast on 2 Nov 2007 about debt and bankruptcy. We've got a copy of the feature which you can play here.
(requires flash player 8)

Boomtown Britain?

Article by Steve Robinson; Freelance copywriter and financial commentator:

Barely a day goes by without a news item on credit card debt, repossessions or bankruptcy. Current economic turmoil on the world stock markets, the credit crunch and so on all affect our daily lives. This effect filters into our shopping making everything go up in price - but our wages don't ever seem to catch up.

UK Economic Meltdown

The problems expected to hit in 2008 could be far worse than any 'experts' predict. Financial over-committment by UK consumers helped by irresponsible lending had created the greatest boom time in recent years. After a boom there is always a bust. It's always been that way even though "no more boom-bust" was Gordon Browns headline speech in 1997.

Credit Card Debt out of control

The amount of money owed on UK credit cards is growing so fast that this page would be out of date by millions in just a few seconds if a figure were given. All this borrowed money has been used to power UK Plc. Unfortunately UK Plc needs more and we've run dry.

Credit Card Debt Help

There are a growing number of debt companies popping up offering wild promises of wiping out 70%, 80% even 90% of credit card debts. With business plans built on shaky ground of mis-applied government legislation these firms may very well find themselves sitting next to their clients in bankruptcy courts. Debt is something that can't be squashed flat instantly without consequences - bankruptcy has consequences and other debt solutions also have issues attached which is why professional debt advice is essential.

Be the first to reap the benefits of the next boom

Ok, so this boom time is over. So plan for the next one because no matter what anyone says the chances are we'll be back in this boat in 20 years time! The smart ones will be seeking solutions to their debt problems now and be in a position to take advantage of coming out of a recession in a few years. Recession? oh yes.....it's on it's way.

Opinion and views expressed on this page are not necessarily shared with those of the company.