THE CITIZEN’S ADVICE BUREAU (CAB) is launching a campaign to help people manage their debts and stay in their homes in 2010. The area is one of 56 ‘repossession hotspots’ recently identified by the Government as being at greater risk due to having higher levels of unemployment and repossession court orders.
CAB’s across England and Wales saw a 42% increase in enquiries about mortgages and secured loans arrears in the 12 months leading up to September 2009 and the number of people who had their homes repossessed reached a 14-year high during 2009, figures have shown. The Council of Mortgage Lenders (CML) said 46,000 homes were repossessed last year, the highest number since 1995.
Over the next month the bureau in High Street, GRAYS will be running a series of local activities and events where families can get free face-to-face and impartial advice. The events will equip them with information on managing and prioritising debt, staying on top of paying their bills and ultimately reducing the risk of losing their homes. The events scheduled to take place over the next few weeks include:
Stalls and displays in The Beehive, High Street, Grays 10 – 12 on 26th February
Poster campaigns around the local area
Distribution of leaflets and fliers which cover advice and info on debt and housing problems
Talks and discussions about Debt and paying your mortgage will take place at Aveley Discovery Centre on 22nd & 24th February between 9.30 and 12.00
Mike Rawlings manager at Thurrock CAB said: “Many people face money worries immediately after Christmas and don’t know where to turn for help.
Thurrock CAB has a number of experts offering free, confidential and impartial advice on a range of topics, particularly debt problems which are currently our number one issue.
Anyone who is worried or concerned can either make an appointment to see one of our advisers or pop along to one of the many events we have lined up over the next month. We also have a number of leaflets and advice sheets available at the bureaux to take away if people would rather try to tackle the problem themselves.
The worst thing people can do is bury their heads in the sand!”
As well as the activities listed above, over the coming month Thurrock CAB will be targeting local papers and radio stations to publish top tips and guidance on coping with the new year financial hangover, mortgage payment problem do’s and don’ts and information and advice on Government schemes for mortgage help.