Debt can be beaten!

I received an email on Monday from Esther who was the producer of the television programme we did in 2006. She'd found some photographs of my mother and was checking my address to return them. Bizarrely, it was the 3rd anniversary of her death.

In replying to her, I pointed out that all the points of concern raised in the programme had turned out to be proved correct. It didn't take a clairvoyant to foresee the crunch was going to come and I am saddened by the stories we are hearing daily of businesses in trouble. The British Chambers of Commerce has warned that Britain is already in a recession, which is worsening and could see unemployment rise by 350,000 by next year. Money thrown around like confetti by irresponsible lenders was always going to need repaying and those who lose their employment status may find it even harder to keep their heads above water.

The most important things I can say to anyone experiencing the trauma of spiralling debt is seek proper help and don't put it off until tomorrow. When we were filming, I was so saddened to learn that there were scores of people like my mother who kept their debt a secret from their partners & family. Realising you're not alone or unique is a major step towards dealing with the problem, so don't feel embarrassed or ashamed of seeking help. The people who can help you do their work daily. They don't judge and they certainly don't condemn. And remember, avoid anyone who offers advice, but who charges for it! No legitimate source of help seeks to sink you further into debt for their benefit!


nick