National Personal Debt Advice

Freephone debt advice and advice covering the entire UK including Lichfield on 0800 074 6918

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.

Personal debt in Lichfield is now reaching record levels. Lichfield is a city and civil parish in Staffordshire, England. One of seven civil parishes with city status in England, Lichfield is situated 25 km north of Birmingham and 124 miles northwest of central London.

The debt advice team report that personal debt in the City is now reaching record levels and thousands of people in the Lichfield and Staffordshire are facing mounting debts after overstretching their spending on credit cards, store cards and personal loans.

Personal debt is often triggered by a change in circumstances. If you live in Lichfield and get into debt it is best to inform those directly involved - landlord, mortgage provider, credit card company etc - as soon as possible if the birth of a child, the loss of a job or other change in circumstances is affecting your ability to keep up payments.

If you get into debt then carefully prepare a budget sheet listing your income and expenditure. Identify and prioritise your debts and check if you are entitled to any state benefits.

Don’t bury your head in the sand. Get debt advice from an expert from Money Advice Direct debt advice team on 0800 074 6918.

The advice team at Money Advice Direct is noticing that many people living in Lichfield are waiting too long before seeking debt advice before debt problems escalate out of control.

Considering the impending “Credit Crunch”, it always makes sense to seek debt advice early. With so many residents of Lichfield either out of work or facing the possibility of unemployment, people are spending less and problems in the housing industry are spilling over into the high street, placing even more jobs at risk - at a time when new employment may be hard to find in the city if Lichfield.

Money Advice Direct has a proven track record in helping people free themselves from debt, and in helping people manage their money efficiently, and we feel it’s time that everyone, regardless of whether or not they are living in Lichfield had the advantage of freephone debt advice on 0800 074 6918. The section below discusses some of the government and private sector debt solutions that have helped thousands of clients from the Lichfield area.

• Debt Management - A debt management plan can be used to solve most problems you may have with your unsecured debts. It is an informal arrangement that is suitable if you do not have very significant debts, do not have a very high disposable income, or you expect that your circumstances may change in the near future. The advantages of a debt management plan are you make one affordable payment each month which is distributed to your creditors on a pro-rate basis. A debt management plan is fully flexible and can be changed at any time to suit your changing circumstances and needs. Read more about Debt Management Plans. Please note that for consumers considering a Debt Management Plan (DMP), although the consumer may become debt free at the end of the DMP period, if a default notice has been issued the effect is likely to remain on the consumer's credit profile for a lengthy time. Please note that for consumers considering a Debt Management Plan (DMP), if interest and charges continue to apply then there will be an increase in the total amount of debt to be repaid and that due to lower monthly payments it is very likely that the debt will have to be repaid over a longer period of time.
• IVA - An Individual Voluntary Arrangement more commonly known as an IVA is a legally binding agreement for the satisfaction of debts usually lasting five years. To enter into an IVA, you would usually have to have at least £15,000 of unsecured debt. It is a genuine method of avoiding bankruptcy while still being subject to a formal insolvency procedure. Read more about IVAs here
• Debt Consolidation or remortgage - Debt consolidation means you take out a single loan to pay off all your other existing debts. This often means you get a lower interest rate, which also makes your overall monthly repayments lower. Debt consolidation simplifies your repayment arrangements. Unlike Debt Management, where your previous debts are not cleared, a Debt Consolidation Loan clears all old debts once and for all. The key benefits of debt consolidation are reduced financial commitments and less risk of late payment fees. Read all about Consolidation loan or Remortgages here.
• Basic money Management - Many people with smaller debt problems may find a chat with a debt adviser could help them get on top of their finances without making any major lifestyle changes. Once the adviser understands their financial circumstances, they should be able to provide some budgeting advice and suggest practical ways of reducing their level of debt.

If you live in Lichfield or anywhere else in the UK and get into trouble with debt, you may need help to find your way out. With Money Advice Direct, you can be sure you're dealing with professional, friendly, straightforward and reliable people who are here to help you.

Call FREEPHONE 0800 074 6918 or APPLY ONLINE.

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