IVA & Debt Advice covering the entire UK including Swansea

National Freephone IVA & debt service across the UK covering the Glamorgan area 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.

Swansea is a city and county in Wales. Swansea is in the historic county boundaries of Glamorgan. Situated on the sandy South West Wales coast. Anyone seeking advice in Swansea can call Money Advice Direct on 0800 074 6918 or visit www.insolvencyhelpline.co.uk.

According to new figures from the regional debt advice team covering Swansea the number of households in Mid and West Wales seeking debt advice is increasing by 43 per cent each year. In Swansea, the number of individual debtors filing for bankruptcy went up by 15 per cent compared with the same period last year. The amount of debt people have is unbelievable. We are hugely concerned that people are not getting access to debt advice when they can get debt help from regulated helplines such as Money Advice Direct Debt Advice Service.

Debt advice in Mid and West Wales

Consumers seeking debt advice will take an average of 70 years to repay the money they owe at a rate they can afford, according to the advice team at Money Advice Direct which has reported a doubling of debt enquiries in the last year. The helplines national service covers the entire UK . Swansea has been overwhelmed with people seeking help as the recession deepens, with some people having at least 10 credit debts spanning credit cards, overdrafts and personal loans.

Money Advice Direct dealt with 1000's of debt-related issues last year in Wales, a figure that also includes credit card, store card debt and mortgage debt issues. Consumer debt in Wales is by far the biggest type of debt problem in Swansea for which people come for help, and it is increasing more than other types of debt problem.

Debt solutions to clear personal debt in Swansea and Mid and West Wales

• IVA Explained - The IVA or Individual Voluntary Arrangement provides an opportunity a person struggling with unsecured personal loans or credit card debts of over £17,000, owed to at least 3 creditors, an opportunity to make a payment proposal to their creditors. An IVA is like a shield that protects people in Swansea from Bankruptcy. An IVA is the legal binding arrangement between the debtors and creditors to pay off the debts according to the repayment capacity of the debtor. The average IVA debtor owed £47,800, however, this hides a wide spread of debt levels ranging from around £20,000 to more than £100,000. Read more about the IVA here.
• Debt Management Explained - A debt management plan could be the ideal way of turning your loan, credit card, store card and overdraft payments into one affordable, single monthly payment, helping you pay off your debts – and get on with your life (subject to terms and conditions). To apply for a Debt Management Plan click here.
• Bankruptcy Explained - While consumers will fight to keep their jobs and their family homes, for those who lose both and have substantial debts there is often little reason not to declare themselves bankrupt. If your debts are particularly high and / or your income is low, you may need to consider making yourself bankrupt. Bankruptcy is a legal process that will share out your assets fairly among your creditors, so you can write off your outstanding debt and make a fresh start. Read more about Bankruptcy

Do you live in Swansea?

Money Advice Direct national telephone debt advice service covers the entire UK including the following areas of Swansea in Wales.

• Clydach
• Gorseinon
• Llanrhidian
• Morriston
• Pontardulais
• Port Eynon
• Rhossili
• Swansea
• The Mumbles

Call Money Advice Direct on FREEPHONE 0800 074 6918. Our phone lines are open 24 hours a day, all year round including bank holidays. You can call freephone 0800 074 6918 for an initial chat about your own financial situation. You can also apply online by simply completing the online form. One of the debt advice team will call you as early as possible to discuss personally to give you debt advice on how to get debt free (subject to terms and conditions).

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