Advice on personal debt in the UK

On May 4, 2011, in News, by Lewis Alexander

Help and advice on how to find advice on personal debt in the UK including England, Scotland, Wales and Northern Ireland.

  • Do you have debt collectors chasing you for money?
  • Is NOW the time to sort out any personal debt problems you may have?

Personal Debt Help

There are several routes to explore when dealing with personal debt problems. Every situation requires a tailored solution.  The following information could be a good starting point for helping people clear personal debt.

This blofree credit report UK from Experiang post about advice on debt in the UK is aimed to help the general public find online information about all different types of personal debt solutions.

This can often be a very 1st starting point online to an individuals quest to clear the debt problems they may have.  We simply explain to you the different options and solutions available to your particular circumstances.  Most people have genuinely suffered a change in circumstances when they approach our debt helpline, such as reduced hours at work, loss of job and income, split from partner, death in the family etc…

You have to be committed to clearing your debts if you want  to get out of the situation.  It will take effort on your part regardless of who you decide to get help from, if anyone.  You will have to make sure that if you set a budget to live on you stick to it and no variations to what you set should take place apart from the unexpected ones which you may set aside for as you go!

Our advisors are well trained and qualified through many years of experience.  They advise many people every day and they could possibly help you!  Your call is dealt with in the strictest of confidence.

Once an individual has made contact with a personal debt advisor they tend to feel much better as it is like having the lights turned on when you are stood in the dark, everything becomes clear again.  The credit industry a complicated one and we are not taught about credit cards and loans and personal finance in school.  Maybe if we were, we would not be in so much personal trouble regarding finances as a nation.

If you are searching the web for debt advice and came across this Advice On Debt UK blog post then call Lewis Alexander on 0800 018 6868.  Our website is very informative and subsequently offers advice on all options available to clear debts. Some people decide to do a debt management plan instead of an IVA because of its informal structure, even though both options can be available.

If you need debt help or friendly advice regarding personal debt please call FREE in the UK from a landline using 0800 018 6868, our lines are open 24 hours a day, 7 days a week.

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Advice on Debt

On April 20, 2011, in News, by Lewis Alexander

Sleep better with advice on debt, knowing your debts are managed!

Personal debt advice in the UK has become an enormous issue for all kinds of reasons. Unfortunately it has had a stigma attached to it in the past which may stop some people dealing with their debt problems. This has the effect of actually making the situation worse when it would be relatively simple to get under control with the right advice on debt.

Advice on Debt

There are several signs that your personal debts have gotten out of control.

  • Are your monthly outgoings starting to outweigh your monthly income?

  • Are you scared to answer the phone and open your mail?

  • Do you have debt collectors chasing you for money?

There are many possible routes to take when dealing with advice on debt. Every situation is different and a tailored solution needs to be discussed. Any one of the following could be the solution for you to find help with personal debts.

  • IVA (or TRUST DEED in SCOTLAND)
  • DEBT MANAGEMENT PLAN
  • BANKRUPTCY
  • DEBT CONSOLIDATION LOAN

If you are a bit wary of committing to a fixed term financial solution like an IVA or Individual Voluntary Arrangement, then debt management online can help you restructure debts in the short term. A debt management plan constitutes an informal agreement between you and your creditors.

Loans to consolidate your debts– taking out a debt consolidation loan to pay off all your current agreements (loans,credit cards etc) is often the simplest option as it can reduce your monthly repayments.

  • REMEMBER ADVICE on DEBT SHOULD ALWAYS BE FREE
  • Do NOT Pay for advice calling HIGH rate phone lines.

Individual Voluntary Arrangements

With an IVA, all interest and penalty charges are STOPPED! You will be given one affordable monthly repayment to make and this should stop all the creditor phone calls and letters you may currently be receiving.

An IVA will prevent court proceedings and even stop bankruptcy and after what is normally 60 months (5 years). Read about a Trust Deed in Scotland as laws differ there for financial help and assistance.

Bankruptcy is the end of the road as far as debt management or debt help. Once you reach bankruptcy, your finances will be sorted out by the courts. In a nutshell, if you reach the stage where you need to become bankrupt, it will mean that you will get a fresh start and normally your debts will be written off, conditions and restrictions do apply though.

Let one of our trained professional advisors call you today to help give advice on debt and find a solution to your debt problems. Peoples debt problems are rarely unique and we may be able to help you clear debt.

  • Call 0800 018 6868 free from landlines, call charges from mobile phones may vary.
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