Citizens Advice

Citizens Advice | Talk About Debt

The Citizens Advice  is a network of independent charities that helps people resolve their money, legal and other problems. We're really lucky to have organisation like the Citizens Advice in the UK, and you could do a lot worse than to talk to one of their advisors if you're looking for advice on solving a debt probelm.

"Citizens Advice Bureaux have seen debt enquiries double in the last ten years.  Debt is now the number one issue advised on in bureaux, accounting for one in three of all enquiries, and CAB advisers are currently dealing with an average of 7,241 new debt problems every working day."

Most Citizens Advice service staff are trained volunteers. If you want to arrange a meeting you'll find that they have 3,300 locations, so hopefully you'll find one near you.

Need a debt charity to help you today? We can help

To ensure that you get the right advice, read our review of the UK's best debt charities. This list helps ensure those in serious debt avoid advisors who charge excessive fees or feel it is reasonable to extend the period individuals are in debt beyond what is fair and logical.

 

Find Out More About The Debt Solutions Considered

Solutions
Debts Written Off
Legally Binding
Interests & Charges
Residential Status
Fees
Notes
IVA
Yes - Average 58%
Yes
Stopped
Tenant or Homeowner (Eng/Wales)
Yes on average around 20% of the payments you make to creditors
Typically you must have debts over £15,000 and be able to offer yourcreditors about 20% of the value of the debt back over 5 years.
Debt Management
No
No
Many Freeze
Tenant or Homeowner
Yes
In a Debt Management Plan, you will be required to repay all of your debt in full.
Consolidation
No
Yes
New Rates & Charges
Tenant or Homeowner
Yes
Consolidating your debts generally means you'll pay more back over a longer period of time.
Bankruptcy
Yes
Yes
Stopped
Tenant or Homeowner (Eng/Wales)
Yes - up to £700 depending on your circumstances. You may also be subject to a 3 year Income Payments
You need to think carefully about all the affect bankruptcy will have on your home and your employment.
Debt Relief Order
Yes
Yes
Stopped
Tenant
Yes - £90
You must have debts under £15,000 and have little in the way of assets

If you call CAB after visiting this website or have dealt with Citizens Advice and would like to share your experience with other users of Talk About Debt please contact us.

Finally...

On a less serious note, did you know that the Citizens Advice Bureau is also one of the most misspelt advice organisations. Here are some of the spellings collected on this website alone: "citizens bereau", "citizens beureau", "citizens beuro", "citizens bureau", "citizens burea", "citizens buro", "citizens bureu", "citzen advice", "citezens advice", "citzens advice", "cab advice", and last but not least "citezen advice". Even though there's a lot of confusion over how you spell this important charity's name, they will always be an important and welcome feature of UK towns and cities.

 

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