FRESH START DEBT ADVICE
Welcome to Fresh Start Debt Advice
If you are having trouble managing your debts then we can help you. Take advantage of our free debt advice and find out how you can overcome your financial problems and make a fresh start. For people struggling to keep up with their debt repayments there are a number of options. We are here to discuss your financial situation and to advise you on the best way to solve your debt problems.
Individual Voluntary Arrangements
An IVA enables you to clear your debts in a reasonable and fixed period of time. Under the agreement you will make regular affordable monthly payments based on your current income. At the end of the IVA period all remaining unpaid debt is written off. For people who qualify an Individual Voluntary Arrangement can be an attractive solution to their debt problems. Further information>>
Debt Management Plans
A Debt Management Plan is an informal agreement made to reduce the amount of your debt repayments to a level you can afford. Negotiations are carried out individually with each of your creditors to freeze interest on your debts and to lower your repayments. Your debts are then consolidated into one regular monthly repayment which is distributed between each of your creditors. Further information>>
Bankruptcy
Bankruptcy is one way to deal with debts that you are unable to repay. By choosing to become bankrupt you can free yourself from your debt problems while at the same time ensuring that your assets are shared out fairly between your creditors. In some circumstances bankruptcy may be your best option. If you are considering declaring yourself bankrupt then we are able to offer you free impartial advice about bankruptcy procedures and its implications. Further information>>
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