Debt

This guide explains how the UK system handles disputed and unrecognised debts.

Overdraft charges changed significantly in 2020. Learn how the FCA rules work, from unarranged fee caps to mandatory alerts and repeat use protections.

Find out when debt becomes statute-barred under the 6-year rule (5 in Scotland). Learn about limitation periods for credit, tax, mortgage shortfalls and benefit overpayments.

Scottish debt law is different. After 5 years, most debts don't just become unenforceable—they are extinguished entirely. Here's how the prescription rule works.

This guide explains how the rent arrears possession system works in England under the Housing Act 1988.

If your home was repossessed but sold for less than the mortgage, you may still owe money. Learn how long lenders have to chase mortgage shortfall debt.

UK law sets different time limits for recovering mortgage capital (12 years) and interest arrears (6 years). We explain how these limitation periods work.

When multiple payments are missed, arrears form. We explain the legal definitions, statutory notices, and escalation processes for different debt types.

This guide explains what typically happens during the first seven days after a missed payment across the most common categories of UK consumer debt.

We compare the three most common UK debt solutions: Individual Voluntary Arrangements, Debt Management Plans, and Debt Relief Orders.

This guide explains how the guarantor system works in the UK, what the law says about when and how a lender can pursue a guarantor, what protections exist, and what timelines apply. It does not provide financial advice.

Confused by DMPs, DROs, IVAs, and Bankruptcy? This complete guide explains how each UK debt repayment system works, eligibility, and consequences.

This guide explains how the UK system handles splitting joint bills and debts after a breakup. It does not constitute legal or financial advice. All information relates to the UK credit system only.

Understand when a debt becomes statute-barred, how the limitation period works in the UK, and how to respond if a debt collector contacts you.

This guide explains how balance transfers work in the UK. It does not constitute financial advice. All information relates to the UK credit system only.

This guide explains how debt sales work in the UK, the legal basis for assignment of debt, and your rights when a new company takes over collection.

This guide explains your rights if payday loans have become unaffordable, including the FCA price cap, how to stop automatic payments, and how to claim a refund.

Find out if you have a County Court Judgment (CCJ) by checking your credit report or searching the official Register of Judgments, Orders and Fines.

Have a debt? You have a statutory right to request a copy of your credit agreement under the Consumer Credit Act. Learn how to make a CCA request.

This guide explains how the UK persistent debt system works. It is not financial advice. If you need help with debt, contact a free debt advice service.

Struggling with energy debt? Understand your rights regarding repayment plans, back-billing limits, and protections against involuntary prepayment meters.

A comprehensive hub for all Personal Finance Clarity debt guides. Learn about liability, enforcement, solutions, and your rights.

A debt collector has no special powers. A bailiff has statutory power to take control of goods. We explain the difference and your rights.

This guide explains how the Debt Respite Scheme (Breathing Space) operates in England and Wales.

This guide explains how two common debt repayment strategies work within the UK regulatory framework.

Council tax enforcement follows a strict legal process. Learn about liability orders, the 6-year time limit, and what enforcement agents can actually do.

Debt collectors can visit, but they have no enforcement powers. Learn the crucial difference between them and bailiffs, and know your rights.

After six years, a CCJ is removed from the public register. But does the debt itself disappear? We explain the crucial legal difference.