Friday, December 12, 2014

News: Moorhead's crisis helpline tackles Christmas debt problems

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Rotherham insolvency practice, Moorhead Savage is again launching its popular annual Christmas debt helpline to provide support for people who fear what financial horrors the New Year might bring.

The cost of excessive Christmas spending could be a major New Year headache as households struggle to meet payments on heavy-laden credit cards and overdue loan demands.

Established in RiDO's Moorgate Crofts business centre, the award-winning firm is headed by Paul Moorhead who leads a team offering high quality, professional, impartial and ethical help and debt advice to both companies and individuals.

Paul, the founder of insolvency practice Moorhead Savage and the 2013 Corporate Insolvency Practitioner of the Year, said: "Even though there are real signs that the worst of the recession is over, it is easy to see why some people think that they should at least enjoy Christmas while they can.

"But taking on an increasing amount of unsecured debt or adding items to the credit card as a short term solution to a long term problem, simply to ensure a good Christmas is never a good idea.

"Don't let bills ruin the season because there are things you can do to help ease the situation and the first is simply to seek professional advice. Our debt helpline is open all the way through Christmas and the New Year on 01709 331 300 to ensure that people start 2015 with some hope for the future.

"No problem ever seems as bad once it is shared so don"t let debt spoil your family's Christmas."

The growing firm celebrated its fifth birthday this year, taking on three more staff in the process.

Moorhead Savage website

Images: Moorhead Savage

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