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As debt counselling experts, we pride ourselves on our friendly and professional debt advice service. Our debt counselling specialists make sure you understand all the options before helping you to make the right decision. Our free debt counselling service is confidential and you are under no obligation at any time.
We are used to dealing with debt problems, and we are here to help you. Stop worrying today and phone the free debt counselling number above – we are waiting for your call.
Through a range of debt reduction programmes, including Debt Management Plans, IVAs, Bankruptcy and Debt Consolidation Loans, we will assess your debts and recommend the best course of action for you.
Not all debt reduction solutions are suitable for everyone, and personal circumstances play a big part in deciding which form of debt help is for you. Our expert debt counselling team is on hand to carefully go through your options. If you prefer to do some homework first, then please read on.
With any debt solution plan, we will attempt to reduce your outgoings on the following:
A debt management plan is the less drastic form of debt help but can only apply to people who have a reasonable amount of disposable income at the end of the month. That means money left over once you have paid all your bills and grocery expenses.
Our debt counselling team will review your chances of reducing debt through a debt management plan by making some simple calculations. If you have enough disposable income, our debt counsellor will negotiate with your creditors on your behalf.
For more information, click Debt Management Plan.
With an IVA, debt reduction is possible by up to 70%, but the average person can clear around 30% of debt. Contact our debt counselling team on the number above or fill in our online form and we will assess your chance of being accepted for an IVA.
Debt reduction does come at a price with an IVA. Individual Voluntary Agreements are lodged on your credit file for the duration of the plan, plus an additional 12 months. There is also a setting up fee but we can arrange some of the most competitive prices in the industry.
With an IVA, creditors can no longer hassle you for outstanding debt, as all the paperwork and transactions are done through us. We handle their queries and ensure that you and the creditor keep your side of the deal. This way we get you out of debt as quickly as possible without any additional fees, fines, charges or interest.
For more information, click IVA.
Bankruptcy is the ultimate in debt reduction as it declares you are unable to repay any unsecured debts. The stakes are high, as our debt counselling team will explain, and you will most likely lose your home as part of the bankruptcy.
Bankruptcy can remain on your credit report for up to 10 years, which will make borrowing more difficult, and definitely more expensive, but not impossible. Bankruptcy can put an end to the endless nightmare of worrying about your debts and offer a fresh start, but check all other debt help options first.
Do not do anything before making an informal call to one of our debt counselling representatives, as bankruptcy should not be undertaken lightly.
Fore more information, click bankruptcy.
While a debt consolidation loan is not as effective in debt reduction as other options, the right secured loan can put all your multiple debts into one lump sum.
The debt consolidation loan will then enable you to repay the debts with one monthly instalment and most crucially, at a lower interest rate than before. You can then use the loan to get out of debt faster than if you had kept up your repayments on multiple debts.
Our debt counselling team are ready to take your call if you have any questions about a debt consolidation loan.
Also, find out how a debt relief order could help you.
For more information, click loans.
