|
Best Debt advice policy
|
Living with debt on a daily basis is difficult enough at the best of times. If you don't know what to do to get clear of it, then that just makes matters worse. Of course, you need advice -- but you have to be careful. There are too many companies out there whose advice will be based on their financial needs rather than yours.
What you really require is advice that's both accurate and independent. And if it comes at no cost to yourself, so much the better.
DEBT FREE HELP.CO.UK is a free comprehensive review of your financial situation, involving no obligation on your part whatsoever. It will establish precisely where you stand, and what options are available to you. Based on that, we will then suggest what we consider to be the best solution for your particular debt problem, advice that you are free to take or ignore as you please.
|
|
|
Do you qualify to get your debts wiped off
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,
|
|
How does it work
|
|
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
|
|
Will this debt solution affect my credit?
|
|
Good credit status can only get you more credit, and if you are struggling with
debts and high repayments; good credit is something you are unlikely to be
looking for. However, none of the debt solutions we offer will affect your
ability to get a mortgage, since a mortgage is always secured against your
property interest rates may vary but that is only because your credit status
will probably already be affected. It is not advisable to try to take out any
further loans, and you may be turned down due to your current credit status |
|
|
|
Debt Management Plan
|
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.
Request more Information
|
|
Debt Management Plan
|
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
Request more Information
|
|