Getting help with your debt problems has never been easier. But which solution is the best one for you? Who do you contact even when you`ve decided which solution you want? Which companies provide the best service at a time when you really need it?
All of our partners are DEMSA affiliated meaning they work to the very highest, industry approved standards.
Here are brief details of some of the main Non-Lending Solutions designed to help people when they need it.
Debt Management Plan.
An informal arrangement between you and your creditors....
Individual Voluntary Arrangement (IVA)
A formal arrangement between you and your creditors, normally lasting only 60 months, resulting in any outstanding debt being written off after your 60 month term expires.
Bankruptcy
Where your circumstances have changed to such an extent that you have no means of repaying your creditors and it is unlikely to improve in the short to medium term, then bankruptcy may be your best solution.
Not to be entered into lightly, all of your debts are completely written off.
Debt Relief Order
Where you can offer your creditors something each month, but less than £50.00 in total (to all creditors combined).
A DRO is a formal arrangement .....
