National Debt Advice Helpline Covering The Whole UK Including Brighton - Debt Advice Service

IVA & bankruptcy debt advice Brighton and Hove

Please note that Money Advice Direct Debt Advice Service is a national organisation covering the entire UK. Please note that the service operates from offices in London and a national telephone advice centre in the north of England. The service does not operate a physical office or a seperate team in each of the city and regions listed on this page.

Brighton is a town on the south coast of England and, with its neighbour Hove, forms the city of Brighton and Hove. The Brighton seafront has bars, restaurants, nightclubs and amusement arcades, principally between the piers. Being less than an hour from London by train has made the city a popular destination. Brighton has a high density of businesses involved in media, particularly digital or "new media", and since the 1990s Brighton has been referred to as "Silicon Beach".

If you live in Brighton or the West Sussex are finding it difficult to meet your credit repayments and still be able to cover your day to day living costs, don’t worry you are not alone Money Advice Direct can assist you.

The objective of The UK Insolvency Helpline is to enable you and your family to live life without the pressure of financial over-commitment and enjoy a decent standard of living.

The debt advice caseworkers offer tailored debt solutions to help get you out of debt in the most effective way.

Debt and Money Advice in Brighton

Money Advice Direct can help you with a wide range of issues and concerns ranging from creditor negotiations to helping you complete bankruptcy forms. You can  access help with basic money advice via our generalist advice service. You will be allocated a fully trained debt advisor

Demand for debt advice in Brighton

Ongoing research from Money Advice Direct has shown the average debt of clients in Brighton, West Sussex and Hove — excluding mortgages — is £20,000, rising to £110,000 in the most extreme cases. The statistics show that there is an increase of people declaring bankruptcy or proposing an IVA in Brighton and Hove. The findings from the debt advice team’s regional survey reveal that an IVA is a popular choice for Sussex people living in Brighton and Hove. An IVA is an official debt repayment plan that, in most cases, includes the freezing or reduction of interest, a reduction in the total amount of debt owing, legal protection from the companies you owe.

How the team can help residents of Brighton and Hove

Budgeting Advice - We can help you draw up a financial statement which will enable you to manage your money. A comprehensive budgeting tool is available

Negotiate with your creditors - If, after meeting your essential household expenditure, you have surplus available income or savings, we can help you negotiate with your creditors so that payments offered are affordable. If you have non-priority creditors (such as unsecured personal loans, credit cards and catalogue debts), we can advise you on other options that may be available to you depending on your circumstances.

Identify Priority debts - Things like Council Tax arrears, rent/mortgage/secured loan arrears, magistrate’s fines, gas/electricity arrears are all priority debts. Money Advice Direct will help you deal with these debts first because the consequences of non-payment can be severe.

Advice on Bankruptcy in Brighton - Bankruptcy is an option that often has to be considered when an individual cannot pay their debts as they fall due. A first time bankrupt with debts will generally receive their discharge one year after the date of the bankruptcy order (there is the possibility that in some cases the bankruptcy discharge period will be less than one year). Although bankruptcy has a bad stigma and is publicly advertised, it should always be considered when dealing with individual insolvency cases. Please note that if your are ever faced with the prospect of bankruptcy you should look at alternatives as soon as possible such as the Individual Voluntary Arrangement procedure (IVA).

Advice on IVA in Brighton - An IVA is an alternative to bankruptcy called an "Individual Voluntary Arrangement" (IVA). This is a formal arrangement through the county court to pay an agreed amount off your debts over a shorter period. This usually means paying a high monthly installment over 3 to 5 years. The rest of the debts are written off. Some IVAs are set up on the basis of using a lump sum to make offers to the creditors rather than make monthly payments. Some IVA plans are a mixture of both. To apply for an IVA please click HERE

Advice on Debt Management in Brigton - With debt management, you agree to pay a regular amount each month to a debt management company. This company then negotiates new repayments with people you owe money to, usually at lower repayments but over a longer period. The key thing is to be sure that you can afford the new repayment levels so that you don't just add to your problems. When considering debt management, you should also be aware that unlike an IVA (Individual Voluntary Arrangement), it is not a legally binding agreement. To apply for an Debt Management Plan please click HERE

To contact Money Advice Direct please call 0800 074 6918 for Freephone debt advice. You can call freephone 0800 074 6918 for an initial chat about your own financial situation. The advice team always offers caring ethical professional advice on all levels of debt. There are no fees for initial advice and clients may ask as many questions as they like.

Please note that the Bankruptcy-Insolvency.co.uk Debt Service is a national organisation covering the entire UK. Please note that the service operates from offices in London and a national telephone advice centre in the north of England. The service does not operate a physical office or a seperate team in each of the city and regions listed on this page.

This is a list of offical cities within the United Kingdom covered by Money Advice Direct.  

• Aberdeen
• Armagh
• Bangor
• Bath
• Belfast
• Birmingham
• Bradford
• Brighton and Hove
• Bristol
• Cambridge
• Canterbury
• Cardiff
• Carlisle
• Chester
• Chichester
• City of London
• Coventry
• Derby
• Dundee
• Durham
• Edinburgh
• Ely
• Exeter
• Glasgow
• Gloucester
• Hereford
• Inverness
• Kingston upon Hull
• Lancaster
• Leeds
• Leicester
• Lichfield
• Lincoln
• Lisburn
• Liverpool
• London
• Londonderry
• Manchester
• Newcastle upon Tyne
• Newport
• Newry
• Norwich
• Nottingham
• Oxford
• Peterborough
• Plymouth
• Portsmouth
• Preston
• Ripon
• Salford
• Salisbury
• Sheffield
• Southampton
• St Albans
• St Davids
• Stirling
• Stoke-on-Trent
• Sunderland
• Swansea
• Truro
• Wakefield
• Wells
• Westminster
• Winchester
• Wolverhampton
• Worcester
• York
  

List of counties covered by Money Advice Direct

• Avon
• Bedfordshire
• Berkshire
• Borders
• Buckinghamshire
• Cambridgeshire
• Central
• Cheshire
• Cleveland
• Clwyd
• Cornwall
• County Antrim
• County Armagh
• County Down
• County Fermangh
• County Londonderry
• County Tyrone
• Cumbria
• Derbyshire
• Devon
• Dorset
• Dumfries and Galloway
• Durham
• Dyfed
• East Sussex
• Essex
• Fife
• Gloucestershire
• Grampian
• Greater Manchester
• Gwent
• Gwynedd County
• Hampshire
• Herefordshire
• Hertfordshire
• Highlands and Islands
• Humberside
• Isle of Wight
• Kent
• Lancashire
• Leicestershire
• Lincolnshire
• Lothian
• Merseyside
• Mid Glamorgan
• Norfolk
• North Yorkshire
• Northamptonshire
• Northumberland
• Nottinghamshire
• Oxfordshire
• Powys
• Rutland
• Shropshire
• Somerset
• South Glamorgan
• South Yorkshire
• Staffordshire
• Strathclyde
• Suffolk
• Surrey
• Tayside
• Tyne and Wear
• Warwickshire
• West Glamorgan
• West Midlands
• West Sussex
• West Yorkshire
• Wiltshire
• Worcestershire