Debt Advice
When you're in debt it can feel like there's no way out but we're here to help you regain control of your debt and guide you towards a debt free future
Breathing Space
Is your debt keeping you up at night? Are you worried about debt collectors knocking on your door? The first step in regaining control is applying for Breathing Space.
Breathing Space is available to anyone with problem debt and gives them legal protections from creditor action for up to 60 days. The protections include pausing most enforcement action and contact from creditors and freezing most interest and charges on their debts.
Debt Management Plan
A debt management plan can be the best way to work yourself out of debt without negatively affecting your credit rating. We can help negotiate with your creditors a series of payment plans that suit your budget and the seriousness of your debts.
Debt Relief Order (DRO)
A Debt Relief Order (DRO) is a solution to deal with personal debts you cannot pay. You have to meet certain eligibility criteria to be able to apply for a DRO and we will help you understand if this applies to you.
If approved, a DRO will normally lasts 12 months. You would stop making payments towards the debts (and interest) listed in the DRO during that time. After the 12 months, you will not have to pay these debts anymore.
A DRO stays on your credit reference file for 6 years from the date it was approved.
Individual Voluntary Arrangements
An Individual Voluntary Arrangement (IVA) is an agreement with your creditors to pay all or part of your debts. You agree to make regular payments to an insolvency practitioner, who will divide this money between your creditors.
An IVA can give you more control of your assets than bankruptcy.