Debt free help

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Are you getting anywhere with your Debts?
Have you ever put pen to paper and worked out how long it will take you to pay off your debts? We will asses your situation and point out all the options to get out of debt. APPLY NOW for a risk free assessment and get back on track with your finances.
UK Consumer Debt Help & Advice Centre

If you have been affected by debt due to change in circumstances and want to speak to someone who can advise you on how to wipe off the majority of your debt. Click Here for a call back request. Or you can call us on 0870 609 0092 No fee will be charged.

Could you get your creditors to wipe off your debt?

If you find your self struggling with debt this solution can help you become debt free without any hassle from your creditors. With an IVA you pay one monthly payment for no longer than five years no matter how much you have outstanding after the five years the remaining balance of the debt will be written off by your creditors leaving you debt and stress free.

Example Cases

Total Debt	Monthly payment	Duration	Total debt you pay back	Total debt wiped off
£20,000	£180	5 years	£10,800	£9,200
£25,000	£200	5 years	£12,000	£13,000
£30,000	£221	5 years	£13,260	£16,740
£35,000	£242	5 years	£14,520	£21,740
£40,000	£263	5 years	£15,780	£24,220
£50,000	£305	5 years	£18,300	£31,

	Does it affect my credit status		Do I Qualify?		Request Information
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How it works

An IVA is a legal solution that is administered by a licensed practitioner, he will then type up a legal proposal to your creditors offering them a monthly payment for no longer than five years. Once the IVA is signed, your creditors cannot change the proposal or make random amendments to it. All your interest will be frozen and your creditors agree not allowed to make any form contact with you. For detailed information click here

Debt free in 3 month

A Full and Final IVA is for those lucky people who have the right amount of equity in their property that they can offer to their creditors as a full and final balance. You do not sell or lose your home; you just release any equity towards the debt. As you are bale to pay the required amount in one go, your creditors will be able to write off any remaining balance (normally 85% of your debt). Below is a debt help guide table that will show you how much you can pay in one go and how much your creditors will write off

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Debt Repayment Plans

Debt management is a service consumers often use. It will help you consolidate your debt without borrowing any more loans. If you have borrowed to get out of debt then unfortunately you are still in debt, the only thing you may have accomplished is that you may now have a single payment going out each month.

Debt Management Plans do not just help you solve your debt problems; by consolidating your debts into one affordable monthly payment, we can also help you restructure your current finances in order to get the most out of your money.

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How it works?

Debt	Amount Required	wipe off
£16000	£9000	£7000
£20000	£10000	£10000
£25000	£11250	£13750
£30000	£12500	£17500
£35000	£13750	£21250
£40000	£15000	£25000
£50000	£17500	£32500

How it works?

Under the Debt Management Program, your monthly payment will stay consistent and distributed for you to your creditors on a pro rata basis until the debts are cleared. When one creditor is repaid, that monthly allotment is then reallocated to another creditor, this process repeats until all your debts are cleared.

Which is the best method to get out of debt?

Use the Debt Comparison table to guide you.

Benefit	IVA	Debt Management	Debt Consolidation
All debts are cleared within an agreed period	√	x	√
Interest is frozen	√	x	x
Charges are frozen	√	x	x
Part of the debt is written off	√	x	x
There is protection from unsecured creditors	√	x	x
There is no necessity to sell your home	√	√	√
All creditors are legally bound to write off your unpaid debt	√	x	x
You are seen to be doing the right thing by your creditors	√	x	√
Creditors will stop pursuing you for payment	√	x	√
The procedure is confidential	√	√	√
There is no stigma of bankruptcy	√	√	√
The provider is a professionally qualified and licensed specialist in consumer debt	√	x	x