What are the options?

Debt Management Plans

A Debt Management Plan is tailored to help an individual make reduced repayments to their creditors over a number of years. Repayments are based on what is affordable to the client after income and expenditure have been calculated.

Ideally suited for debts between £5000 - £15000
Relatively easy to set up
Fees & Interest may continue from creditors
Allows reduced payments to be made over a number of years

Individual Voluntary Arrangement (IVA)

Ideally suited for debts over £15000
Write off a percentage of the overall debts
Debt free within 3 - 60 months
Safeguards House & Car and avoid the consequences of bankruptcy