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You can be free of debt

It’s easy to let your debt problem cause you much stress and worry.

However, your debt problem can be resolved, to the satisfaction of both yourself and the people you owe money to. Try not to let it upset you or cause you undue worry, as there is a way forward!

If your current monthly payments are far higher than you can afford, you need to take action now.

Through this website you can contact fully licensed debt advisors who will provide you with honest, impartial debt advice and suggest  the best route out of debt given your current situation. 
IVA

An Individual Voluntary Arrangement (or IVA) is a legally binding debt repayment plan that is supervised by a licensed Insolvency Practitioner. 

There a number of possible benefits including: 
  • Freezing of interest and charges
  • Prevents court or bailiff action
  • Stops creditors from contacting you
  • Enables the reduction in the total amount of debt owing
  • Potentially avoid bankruptcy
  • Safeguards your property
  • Your job is not at risk
Bankruptcy

Bankruptcy is a ‘last resort’ solution in cases of a very serious debt.

Except for certain exemptions, if you enter into bankruptcy your assets including your home will be sold and the proceeds used to pay off as much of your debt as possible.

Bankruptcy lasts for a period of twelve months, after which time you can make a 'fresh start'.
If you find yourself in serious in debt, struggling to make your monthly repayments, you are not alone. Official figures from the government's Insolvency Service reveal there were 106,645 individual insolvencies in 2007 of which 42,165 were IVAs and 64,480 were bankruptcy orders. Predictions from accountancy firm Grant Thornton are that a record 120,000 people will go bust in 2008 as the credit crunch and effects of higher interest rates hit home.
To get no obligation, confidential & independent debt advice, simply complete our online enquiry form. We offer a free initial consultation, with no up front fees. Our advisors are friendly, professional, knowledgeable, and will explain the options and different procedures available to you, clearly and concisely. 

While some companies are focused on the solution that is most profitable for them, we will always recommend the solution that is most appropriate for you.