A café owner who closed her business due to the impact of the pandemic has praised the Business Debt Service (BDS) for guiding her through the process of dealing with her debt and winding up the business.
A construction business owner considering the company’s viability due to the financial impact of Covid contacted Advice NI’s Business Debt helpline for guidance.
We are now facing a similar recession to 2008, however this time personal credit is out of control in UK & NI, the Banks and lending sector seem to have learned nothing from their previous mistakes.
As you may know the Department for Communities (DfC) is rolling out measures to ensure the advice sector is prepared to assist the general public through the implementation of the ongoing changes to the welfare system.