Personal Debt Management Debt, debt Management and IVA Advice
     

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Debt Help & Advice

Complete the urgent enquiry form or call...

Freephone:

0800 015 7557

(Landline)

or 0161 656 7705*

(mobile)

 for a free initial consultation** on the range of Debt Solutions available to you.

The adviser would be happy to give you an answer on any queries you may have...

Quick Question

 ...about how the following may apply to you


REDUCE MONTHLY PAYMENTS

-

POTENTIALLY FREEZE INTEREST AND REDUCE OTHER CHARGES

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WRITE OFF A PERCENTAGE OF UNSECURED DEBT

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ONE AFFORDABLE MONTHLY PAYMENT

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Get confidential help and advice and start getting your life back on track TODAY
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Tenants or Homeowners

Debt Problem Management
 

10 years online - 2001- 2011

We help 1000's of UK people & families resolve debt issues each year...

Specialist in IVA,

Debt Management,  

Trust Deeds &

Bankruptcy arrangements

An example IVA breakdown+...

...which had 61% of debt written off and on average the monthly payments were reduced by 603

URGENT ENQUIRY FORM

Simply fill in the required information* and you will be contacted as requested, with no obligation.

We are always discreet when calling.

Name*

Telephone number* (No spaces)

Alternative number

Convenient contact time

Email
Approximate amount of debt

 
Thank you

 

 

UK Debt Help.
We work with one of the Largest Debt Solution Companies in the UK



 

Debt24...you too could be 24 hours away from a brighter future!


 Privacy Policy


Key Information on

Debt management Plan  (DMP) - Individual Voluntary Arrangement (IVA)  - Protected Trust Deeds (PTD)

Debt Management Plan (DMP) back to form

Your debt repayments would be consolidated into a single, affordable monthly payment, so that you have less going out each month.

If your creditors do not freeze or reduce interest and charges, this will lead to an increase in the time to pay off your debts and the total amount repaid. Your credit rating and ability to obtain credit will be affected in the short term and possibly in the medium to long term, though your credit rating may already be affected if you have missed or made late payments.

In line with the Consumer Protection (Distance Selling) Regulations 2000 you will have a cooling off period of seven working days from the date the DMP commences, during which you may cancel in writing and receive a refund of the fees paid.

Individual Voluntary Arrangement (IVA): back to form

Although you may become debt free upon successful completion of the IVA, a record of your IVA will be held on your credit file for up to six years, which will affect your credit rating and your ability to obtain credit in the future.

For an IVA to be approved and interest and charges to be frozen it needs to be accepted by 75% of the creditors (by value).

Only unsecured debts included within the IVA may be written off at the end of the period and those not included, such as secured debts, Government fines and child support payments will remain.

Homeowners may be required to re-mortgage after 4 years and release available equity to pay off some or all of the debt.  If the IVA fails you will be liable for the balance of the debt and fees and this could lead to bankruptcy.

Protected Trust Deeds (PTD): back to form

Although you may become debt free upon successful completion of the PTD, a record of your PTD will be held on your credit file for up to six years, which will affect your credit rating and your ability to obtain credit in the future.

For a Trust Deed to become Protected and interest and charges to be frozen one third or more of your creditors (by value) must not object to it.

Only unsecured debts included within the PTD may be written off at the end of the period and those not included, such as secured debts, Government fines and child support payments will remain.

Homeowners may be required to re-mortgage in the 3rd year and release available equity to pay off some or all of the debt. If a Trust Deed you will be liable for the balance of the debt and fees and this could lead to sequestration.

You must make sure that you continue to make your payments in full towards any mortgage, other secured loans, your utility bills and Council Tax payments. However, these payments will be taken into account by the service provider when working out an affordable repayment.
No fees are charged by Debt 24 Limited for our service. However, the following Service Provider fees may apply, dependent upon your personal circumstances and the debt solution entered into.

Debt24 Limited Registered in England - 4983540

Online since 2001

 

Data Protection Registration - Z2454490

 

+An example projected case: assumes circumstances stay the same, IVA is adhered to and successfully completed

 

*Calls on the freephone number are free if made from a BT landline. Calls made from mobiles and other networks may be charged. Please check with your service provider.

 

**Although the initial consultation is free, there may be fees involved should you decide to enter into a debt solution.

 

Entering into a debt management plan can adversely affect your credit rating in the short to medium term.

 

***Testimonials are provided courtesy of our service provider.

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