The article reports on the Debt Index introduced by the TDX Group for the first quarter of 2006. Its main feature is its capacity to look at overall levels of personal indebtedness and its subsequent effect on the Great Britain's creditors and the economy as a whole. It could also see a general reduction in consumer debt levels. Moreover, the index debt could likewise compare levels of consumer debt to that of last quarter, enabling debt patterns to be observed. With £36 billion of debt likely to be disposed for the year, the debt sale is expected to help reverse the negative trend.
Information on the term debt rescheduling is presented. It is associated with moratorium in the financial services industry.
The article discusses a warning to consumers issued by the U.S. National Association of Consumer Bankruptcy Attorneys (NACBA) about working with companies that claim they can negotiate relief on credit-card and other forms of debt for a fee.