New Poverty report shows millions struggling to pay essential bills.

Poverty Report. A recent report published by the Universities of Birmingham and Lincoln reveals levels of rising poverty across all groups.  These include people in work. In the poorest 20% of the population, 6 in 10 are deep in debt. Almost 1.6 million people fell behind with council tax payments. Over a million have been behind on water bills. Nearly a million have struggled to keep up with rent.

Millions living in Poverty.

According to the report, more than eight million of those living in poverty have at least one person in paid employment in their family.

Also highlighted in the research is a worrying trend. Income levels need to increase to combat poverty. Bailiffs refusing to accept affordable payment offers, threatening to break into properties where they do not have the power to do this and taking goods that didn’t belong to the person who owes the debt was high. Almost one million of those bailiffs had reportedly broken the rules.

Councils tax debt is commonly passed on to bailiffs. Worrying for those unable to keep on top of their basic bills.

Poverty figures “hugely worrying.”

One debt charity said:

 “Across the country, people are struggling to keep up with essential expenses – a sure sign of wide-spread financial distress.”

 They added these warning signs can no longer be ignored and the Government must act to tackle some of the drivers of debt.

Income levels need to increase to combat poverty.

Karen Rowlinson, professor of social policy at the University of Birmingham, who co-authored the report, said:

“The government is saying that austerity is over but our research shows that millions of people are still struggling to pay essential bills. Much more needs to be done to increase income levels to help people make ends meet.”

Also, the number of individual voluntary arrangements, IVAs, an alternative to bankruptcy – is increasing in the UK. Last year there were around 70,000 IVAs, up from the 40,000 recorded in 2015

If you are struggling with debt problems, Ramsey Lomax can help. contact Ramsey Lomax.

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“over 12 years of dedicated advice.”

“People struggling with debt should seek help as early as possible.”

This is good advice from a leading debt charity.  Taking the first step is always difficult but it is vital.  There is help out there and solutions that can help, but you need to take the first step towards getting good debt advice.  We have listened to the stories of 1000s of people and are constantly striving to help them.  It is our mission to explore all their options and find a solution to help them become debt free. And what’s more, we have helped 1000s to achieve their goals since 2007, over 12 years of dedicated advice.

Find out how Ramsey Lomax can help you and if you qualify to write off up to 80% of your debts.

RAMSEY LOMAX – helping 1000s of people since 2007

Getting help with debt problems is ‘vital.’

Finding a good debt advisor is often a relief.  At Ramsey Lomax, we have years of experience in helping people.  One thing to remember is that your chat with our advisors is completely confidential, free and without obligation. For many of our clients just getting it off their chests and having a sympathetic ear to talk to can make all the difference. At Ramsey Lomax, we understand ‘financial fear’.  We have helped 1000’s of people to find a lasting solution to their debt.

Ramsey Lomax – fully authorised and regulated by the FCA, the Financial Conduct Authority. We also have a 5 star Trustpilot rating.

Taking that first step is not always easy but is a crucial step towards helping you to find financial freedom.

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• See if you qualify for an Individual Voluntary Arrangement. An IVA is a government-backed solution that could write of up to 80% of your debts.  Please read below for more information about other solutions that may be available to you.