Debt

People in England and Wales with low levels of debt will now be able to avoid bankruptcy, which can have a serious impact on future finances, as the Government has increased the minimum level of debt that can force people into this last resort option to £5,000 from £750.

The holidays are over, the schools are back. But if you've recently returned, some simple checks could save you £100s. Here's my post-holiday checklist (and if you've got the back-to-work blues, some will help you next year too).

Customers of five unnamed debt management firms may be due redress after a review of the market revealed a string of problems, including an "unacceptably low" standard of advice given by fee-charging debt management firms.

Martin Lewis, founder and editor of MoneySavingExpert.com, has joined a 'challenger panel' in a bid to make radical improvements to the Money Advice Service (MAS), after an independent review criticised the way it is run.

Now it's been confirmed that the Conservative Party has been voted back into Government after winning more than the 326 seats needed, we explain how its policies affect your pocket.

If you've got a debt management plan with PayPlan and have joined its payment protection scheme, check now whether it's right for you, as letters sent by the firm cast doubts over whether people fully understood what they were buying.