There are a number of debt agencies to turn to in the UK when you're in serious debt. The question is which one is the right one for your debt problem?
Different debt agencies have different specialities and are stronger at providing certain solutions over others. There are IVA companies, debt management companies and loan specialists but very few that can say with confidence that they are truely unbias when it comes to recommending the right solution. This is where we are different.
By using our best advice calculator we quickly identify the solutions that will enable you to reduce your monthly repayments, and pay off your debts in the shortest possible time whilst protecting your lines of credit and assets like your home.
We then compare the UK's best debt help companies to help you find the best one. If you want to see which solution and debt help company our best advice search would recommend for you, try it now and get your debt free action plan in just a few minutes.
Comparison Table Of Debt Solutions
| Solutions | Debts Written Off | Legally Binding | Interests & Charges | Residential Status | ||
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Average 58%*
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Yes
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Stopped
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Tenant or Homeowner (Eng/Wales)
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Not Normally
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No
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Many Freeze
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Tenant or Homeowner
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Consolidated
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Yes
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New Rates & Charges
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Tenant or Homeowner
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Bankruptcy is a severe last resort if you are in serious debt and no other debt solution can save you from going bankrupt. Bankruptcy may protect you from your creditors and allows you to start fresh, but you need to think carefully about all the implications involved.
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*58% was the average debt write off with an IVA, April - June 2008, CCCS
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