IVA & Debt Advice covering the whole UK including Winchester

Freephone IVA and debt service across the entire UK including the Winchester area

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.

Winchester is among a cluster of areas in the South East struggling with debt. Winchester is the county town of Hampshire, in South East England. It lies at the heart of the wider City of Winchester, a local government district, and is located at the western end of the South Downs, along the course of the River Itchen.

The national debt advice team covers the entire UK including Winchester, has revealed statistics suggesting the Winchester borrowers are saddled with increasing credit card debt and loan repayments of over £26,000. This ranks Winchester as one of the UK’s most debt-ridden place in the country. There has been a significant rise in people in Winchester asking for help over debt, there had been a concerning 'jump' in IVA and Debt Management Plans being set up.

What is an IVA – Individual Voluntary Arrangement?

An IVA is typically for particularly serious debt problems - usually 15,000GBP of debt, or higher. An IVA is a legally-binding agreement with your creditors that allows you to avoid bankruptcy by paying off a pre-agreed percentage of your debts, and write off the remaining debt. Before an IVA can begin, Money Advice Direct will work with you to put together an IVA proposal, which will then be forwarded to your creditors. On successful of an IVA completion up to 60-70% of remaining unsecured debts will be written off. Read more about the IVA here.

What is a Debt Management Plan (DMP)?

A Debt Management Plan is an informal arrangement between you and your creditors which allows you to make smaller monthly payments towards your debts. a debt management plan will involve an agreement to repay your debts at a more manageable pace. You will make a single monthly payment to your debt adviser, who will distribute this amongst your creditors on a pro rata basis. To apply for a Debt Management Plan click here.

Debt Advice across the entire UK including Winchester

Money Advice Direct are dealing with a larger number of indebted families compared with normal and the debt advice team expects an increase in repossessions this year. Figures show the disposable income of the average working family in Winchester dropped from has dropped by over £1,000. Personal debt in the UK in Winchester is growing at an unprecedented rate.

The debt advice service has found that rising unemployment and a falling housing market has meant that debt problems are becoming more complex and harder to resolve. As over-indebtedness becomes a problem for residents of Winchester, people who come to us are more likely to have mortgages and to lead complex financial lives.As a result, debt advice team task in providing best advice is bound to be more difficult and time consuming.

Do you live in Winchester, Hampshire?

Money Advice Direct national debt advice team covers the wholeof the UK including the following areas of Winchester in Hampshire

Abbotts Barton · Abbots Worthy · Avington · Badger Farm · Beauworth · Bighton · Bishops Sutton · Bishops Waltham · Boarhunt · Bramdean · Cheriton · Chilcomb · Colden Common · Compton and Shawford · Corhampton · Crawley · Curdridge · Denmead · Droxford · Durley · Easton · Exton · Hambledon · Headbourne Worthy · Hinton Ampner · Hursley · Itchen Abbas · Itchen Stoke · Itchen Valley · Kilmeston · Kings Worthy · Littleton and Harestock · Martyr Worthy · Meonstoke · Micheldever · New Alresford · Northington · Old Alresford · Olivers Battery · Otterbourne · Ovington · Owslebury · Ropley · Shedfield · Soberton · Southwick · South Wonston · Sparsholt · Sutton Scotney · Swanmore · Tichborne · Twyford · Upham · Warnford · West Meon · Wickham · Winchester · Wonston

Money Advice Direct always seeks to systematically and confidetially deliver the best advice to the consumer and recommend them the most appropriate solution. To contact the helpline please call 0800 074 6918 or send us a confidential enquiry 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