Which Services Could a Debt Solutions Company Offer You?
What Are Debt Solutions? - Below is a list of debt solutions available to people who live in England, Wales or Northern Ireland
For people who have one or more county court judgement made against them, an administration order is a legally binding debt solution which allows you to pay your debt back based on what you can afford.
Bankruptcy is a legally binding debt solution. It is often seen as a last resort if other debt solutions fail or can’t be completed within a reasonable timeframe. It is a process whereby debt is written off.
A Debt Management Plan is an agreement between you and your creditors to reduce your monthly payments. It isn’t a legally binding agreement but can be negotiated by you or a third party on your behalf.
Take The First Step Towards A Debt Free Life Today!
Debt Solutions FAQs
An IVA has proven to be an extremely effective debt solution for many people in the UK, however it is important to get a clear idea of how it may or may not affect your life. Employment In the vast majority of cases, having an IVA will have zero effect on your job. There is no law
If you have been lucky enough to receive a windfall of money and you want to use it to clear off some debt that has been troublesome in the past, then a Debt Settlement Offer can be a great way of doing so. A DSO involves contacting your individual lenders and ‘making them an offer’. The offer you make
Yes and No. The answer to this question largely depends on which types of debt you have. Yes and No. The answer to this question largely depends on which types of debt you have. First and foremost, to qualify for a DRO, the following will need to apply: You are unable to pay your debts You must not
For many of us, debt is a fact of life. If we want to purchase more expensive items like cars or mobile phones, then we can only do this with a finance agreement or a credit card. If you take out any kind of credit agreement, then debt management can become a very important part of your personal finances. There