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The surge in households seeking aid for unpaid energy bills leading to court actions has doubled in the past year, as noted by Citizens Advice. Suppliers are increasingly resorting to legal measures to recoup energy debts, potentially causing long-term financial strain for households. This trend seems to have intensified following Ofgem's imposition of stringent restrictions on mandatory prepayment meter installations. <br/><br/>Last year, Citizens Advice provided guidance to 349 households facing County Court Judgments (CCJs) due to overdue gas and electricity bills, compared to 179 in 2022, coinciding with a record-high energy debt of £3.1 billion. The CCJs reported are the highest since 2019, likely representing only a fraction of the total judgments issued for energy debt recovery. Despite Ofgem's recent reduction of the energy price cap to £1,690 annually for typical dual fuel bills, data shows that energy debt continued to climb by £2.8 million daily in the latter half of last year, -So what can be done to reduce those energy costs?

Millions are struggling to pay their energy bills with court action against debtors doubling in the UK

⏲ 1:5 👁 2.9M

KFI AM 640

Gary & Shannon's Retail Therapy

⏲ 44 seconds 👁 6.4K

Jasmyne Cannick

KFI's John and Ken Apologize for Whitney Houston 'crack ho' Comment

⏲ 22 seconds 👁 2.7K

Have you been worried about your household expenditures overshooting your monthly budgets? You are not alone. Almost half of UAE residents say the 'cost of living' is the leading cause of stress, followed by personal and family financial concerns, according to a survey.<br/><br/>Here's a look at the things that will add to your cost of living in 2024

UAE: Here's what will cost residents more in 2024

⏲ 1:17 👁 13.5M

Rachel Cruze

8 Things to Do Differently with Money in 2024 with Dave Ramsey

⏲ 18 minutes 31 seconds 👁 218.8K

The Ramsey Show Highlights

Dave Ramsey Loses His Mind Over This Advice On Instagram!

⏲ 8 minutes 55 seconds 👁 677.8K

The surge in households seeking aid for unpaid energy bills leading to court actions has doubled in the past year, as noted by Citizens Advice. Suppliers are increasingly resorting to legal measures to recoup energy debts, potentially causing long-term financial strain for households. This trend seems to have intensified following Ofgem's imposition of stringent restrictions on mandatory prepayment meter installations. <br/><br/>Last year, Citizens Advice provided guidance to 349 households facing County Court Judgments (CCJs) due to overdue gas and electricity bills, compared to 179 in 2022, coinciding with a record-high energy debt of £3.1 billion. The CCJs reported are the highest since 2019, likely representing only a fraction of the total judgments issued for energy debt recovery. Despite Ofgem's recent reduction of the energy price cap to £1,690 annually for typical dual fuel bills, data shows that energy debt continued to climb by £2.8 million daily in the latter half of last year, -So what can be done to reduce those energy costs?

Millions are struggling to pay their energy bills with court action against debtors doubling in the UK

⏲ 1:5 👁 2.9M

Kinesis Money

Alert 🚨 BRICS secret gold revaluation - LFTV Ep 167

⏲ 42 minutes 21 seconds 👁 13.9K

FREENVESTING

Warren Buffett Leaves The Audience SPEECHLESS | One of the Most Inspiring Speeches Ever

⏲ 16 minutes 17 seconds 👁 7.9M

Episode 4 of #WomenAndMoney is live! Meet Maryam Zahra, a stay-at-home mom whose journey through her mother's cancer battle taught her invaluable financial lessons. Inspired to secure her family's future, she's living out the lessons her family imparted years ago.

Maryam Zahra's Journey to Financial Security | Women and Money Ep. 4

⏲ 1:46 👁 11.3M

The Ramsey Show Highlights

7 Steps That Can Make You a Millionaire in 12 Years!

⏲ 8 minutes 54 seconds 👁 409.6K

The Ramsey Show Highlights

This Is Why You're Still A Poor Person

⏲ 8 minutes 58 seconds 👁 675.7K

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