Definition of bankruptcy:Bankruptcy is one method of getting out of debt. It is a court order that transfers responsibility for dealing with creditors to the Official Receiver, who also takes control of the debtor?s money and assets and distributes them fairly to all their creditors. Once all debts have been paid or written off or an agreement reached, the individual is able to make a fresh financial start.

In light of the recent furore surrounding the hazy world of Payment Protection Insurance you would be forgiven for thinking PPI is a dirty word. At present, most cover is being sold at excessively high premiums and with questionable sales tactics by high street banks and loan companies. The Financial Services Authority (FSA), Office of Fair Trading (OFT), Treasury Select Committee (TSC) and WHICH? Are all deeply concerned with the abuse of these products and plan to further investigate the mis-selling allegations behind payment protection insurance in the UK.

Is your mortgage deal the best it could be? A remortgage could seriously improve your finances if done properly, and here are some of the reasons you might consider it.

When searching for a good mortgage broker, try to get a feel for the services they offer. Ask questions about thier loan process, turn around time and special services they may offer, like in home closings, overall financial analysis, etc.

One popular and beneficial way to wipe the slate clean, or at least get a handle on high debt, is through a "Cash-out Refinance".

To my children I bequeath my home, my assets and my mortgage? Read on for more on this revolutionary new mortgage product.

Your short-term mortgage may be coming to an end. Don?t forget to put arrangements in hand to renew or transfer. It could be an expensive memory-lapse if you do.

Keep an eye on your diary. The end of your cheap-as-chips mortgage deal may be looming. Keep a step ahead and know where you?re going with your next plan.

With the margin on yields in the buy-to-let property market tightening, could it be time to consider the pension path?

Have you thought about re-mortgaging? More and more people are making this move and lenders are keen to help. See what?s in it for you.