Credit is often easy to get, and extremely tempting, however the problems start when you simply can’t afford the monthly repayments. 

In recent years there has been rapid growth in unsecured debt - fuelled by an increase in borrowing on credit cards which now stands at a massive £58bn. As a side effect of the credit boom, many people have got themselves deep into debt and are in a position where they cannot keep up with the monthly repayments.

Debt problems affect people from all walks of life, from those on benefits to professionals in highly paid jobs. There are many different reasons why people get into financial difficulties ranging from completely unforeseen circumstances such as redundancy or divorce, right through to poor financial management. The reason is not important – the solution is!

Although everyone’s circumstances are different, many people with debt problems have several things in common. If, like them, you can answer ‘Yes’ to the questions below, you should contact us without delay.

• Are you using credit cards for normal day-to-day spending, but not repaying the amounts in full each month?
• Have you consolidates your debts with further loans, yet still continuing to use your credit cards?
• Are you taking out even more credit because it’s the only way you can meet your living expenses?
• Are your monthly outgoings greater than your income? 
• Are you ignoring letters from your creditors or afraid to answer the phone?
• Are you concerned that you will never be able to repay your creditors? 
• Are money worries causing you stress and anxiety? 

Only by seeking expert advice immediately can you take the first step to solving your debt problems.

To get expert and impartial advice from a licensed Insolvency Practitioner, simply complete our no obligation enquiry form. Our advisors are friendly, professional, knowledgeable, and will explain the options available to you, clearly and concisely.