Get debt help today
If you contact us, one of our debt advisors will speak to you about your personal circumstances and explain all your options so you can decide which debt solution works best for you.
For example, an Individual Voluntary Arrangement (IVA) could be appropriate for you if you are struggling to make the monthly payments that creditors expect. The most compelling benefit of an IVA is that you pay monthly affordable payments for a 5 or 6 year period with the unpaid balance being written off when the IVA is successfully completed. The average percentage of debt written of on IVA’s we have set up in the past 12 months is 67%.
A Debt Management Plan (DMP) is suitable if your debt payments are eating into the money you need to live on. You may be able to pay something towards your debt but your surplus after deducting your monthly household bills and personal expenses does not cover your debt payments.
Household bills includes “priority payments” such as rent, mortgage and utilities plus something toward any arrears. There may be more than one solution that is suitable. We will run through the pros and cons of all debt solutions.
The solutions for debt include refinancing, IVA’s, debt management, debt relief orders and bankruptcy.
We will go through your income and outgoings and share with you our workings. You could find you do not need a debt solution but welcome advice on budgeting.
Debts we can help you with
- Credit Cards
- Payday Loans
- Council Tax Arrears
- Store Cards
- Personal Loans
- Utility Bills
- CCJ Debts
Who we are
The Debt Advisor have helped many thousands of people struggling with problem debts.
If you are struggling with unmanageable debts, it’s vital you are able to work with a practice who will be honest about what is achievable and then hopefully exceed your expectations with their efforts.
The Debt Advisor has been in existence for 19 years and over the years we have gained a reputation as the “go to” practice for debt advice and debt solutions.
Our team embodies our ethos of “Doing the Right Thing” not only for our clients but also for their creditors. We are one of the few practices in England authorised by the Financial Conduct Authority to offer debt management plans.
Our advisors are keen to help run you through how debts solutions like IVA’s and Debt Management work.
The Debt Advisor Ltd is regulated by The Financial Conduct Authority. This means we are able to offer debt advice and deliver both formal and informal solutions.
Any debt solution does need to be carefully considered and you must take independent debt advice.
We hope that the information and debt advice on this site including our Case Studies and Frequently Asked Questions, will help inform you.