British Debt Calculator may save us from the financial crisis

Considering the latest financial crisis, the personal finances bode ill for most of the average public. I know people who are still relying on revolving their credit card debt, skimming pathetic grand or two through mortgage refinancing (lucky few), and performing incredible juggling acts with the seemingly straightforward debit cards. What I see and cannot help, since I am into patent law, is that sooner or later, the credit partying comes to an end. The debt owed gets handed over to a chain of financial companies, who start loading up the debtor's answering machine. Some of the debt gets bought by a packaged collection companies, who pretend to be the law, and demand that you start using their payment coupons, and then, through a carrot and stick tactic, manage to dangle an offer for a debtors' credit card. Soon the point of sale terminals start declining debit cards, personal checks, and the cold hard reality starts to kick in. Debt Advice sites, like cleardebt.co.uk, provides hope as well as incredible avenues of action for anyone burdened with debt in UK, and loads of interesting solutions for those in other countries, especially in USA. Many people here in US do not suspect that they can hammer out an IVA-type of agreement (Individual Voluntary Arrangement) with a collection department of any company. Letter Of Apology, Court Order, Freezing Interim Judgement they all can be studied in detail and with step by step advice, all laid out in front of you, can forestall the most uncomfortable events in one's financial life. Their Debt Repayment Calculator is sheer fun.