Debt Management Consultants

Helpful advice and guidance to help you become debt free (subject to terms and conditions)...

Throughout the UK, levels of debt are higher than ever. Credit cards, store cards and loans have been made easily available in recent years and now, with high interest rates, the British public are struggling to repay the debts. The primary objective for the team of debt management consultants at Money Advice Direct  is to show the legal or credit industry approved methods through, which the consumer can deal with the debt problems they are facing/

Our debt management consultants can offer helpful advice and guidance to help you become debt free (subject to terms and conditions). The debt management consultants at the helpline are professionals financial experts who are equipped with the best of knowledge in the credit industry.

We can collate your debts together into one, easy to handle sum, and work out how much you can afford to repay each month by looking at your income and outgoing finances. We will even negotiate with your creditors on your behalf and try to lower the interest repayments.

Armed with this information, our debt management consultants can develop a repayment schedule, so you can see a date when your debts are fully cleared. There are no legally binding contracts to be signed either, so one missed payment won’t result in repossessions.

IVA advice from debt advice consultants

If our debt management consultants cannot agree on a debt management plan with your creditors, an IVA (Individual Voluntary Agreement) may be the next best option.

IVAs are legally binding contracts, usually set out over a 5 year period and confirm that set payments will be made on set dates. Failure to meet these deadlines may result in property, possessions and investments being repossessed and sold to finance the debts.

Unlike bankruptcy, an IVA agreement can be kept completely confidential and private and if a business is owned, it can continue to run.

Bankruptcy advice from bankruptcy consultants

If you speak with debt management consultants, you will be informed that declaring bankruptcy is a severe measure, with lasting implications; getting credit could be impossible up to 6 years after declaring bankruptcy. People without an income to finance their debts, such as the retired, unemployed or on long term incapacity benefit most commonly apply for bankruptcy.

Bankruptcy will put an end to creditors chasing payment and they will be forced to accept a lower amount. This can be a great relief to those who have been under pressure to pay their debts. Debtors may be forced to sell all assets, investments, savings and businesses to cover any debts.

By calling 0800 074 6918 you can speak with a personal debt management consultant to avoid further financial problems and share the problems you are going through. Please note that the debt management consultants are all skilled and trained people who are capable of resolving the financial problems of various individuals with ease.

Money Advice Direct is an established provider of confidential and non-judgemental debt advice in the UK on serious debt problems. Whatever solution we recommend, honest, best advice is available 24 hours a day, 365 days per year. If you are in debt call us without obligation today on 0800 074 6918 or apply for debt help online and get detailed advice one of the leading debt management consultants in the UK.

Listed below are some of the frequently asked questions on Debt Management Plans

• How do I know whether a Debt Management Plan is right for me?
• What are the advantages of a Debt Management Plan?
• What are the disadvantages of a Debt Management Plan?
• Is a Debt Management Plan a type of loan?
• How long will I have to pay a Debt Management Plan before I am debt free?
• How much does a Debt Management Plan cost?
• How much money will actually go to the companies I owe money to under a Debt Management Plan?
• How do I make the payments?
• If I have a change of circumstance can I stop the Debt Management Plan?
• Who tells the companies I owe money to that I am actually in a Debt Management Plan?
• Will the companies I owe money actually accept a a Debt Management Plan?
• How a will Debt Management Plan affect my credit status with Experian, Equifax and Callcredit, the three main credit reference agencies
• Will a Debt Management Plan stop all the companies that I owe money to constantly telephoning me and sending me letters?
• Will I receive a regular report to inform me that my debts are actually going down?
• After the Debt Management Plan is set will I receive be able to get any additional help and advice?
• After the Debt Management Plan is set up can I still use a credit card or apply for car finance if I budget for it?
• Once the Debt Management Plan has been set up does it mean that I will have to keep paying interest and bank charges?
• Can I include secured loans in a Debt Management Plan, such as car finance or mortgage?
• Can the companies that I owe money to threaten to take my house or flat once that I am in a Debt Management Plan?
• Can I include all my debts in  a Debt Management Plan?
• Debt Management Programme
• DWP Debt Management
• Credit Card Debt Management
• Advanced Debt Management Plans
• About Card Debt Management
• Advanced Debt Management Solutions
• Association of Debt Management
• Best Debt Management
• Budget Right Debt Management
• Christian Debt Management
• Consumer Debt Management
• Debt Management can help you make a clear start with your debts
• Credit Card Management
• Debt Collection Agency Advice
• Debt on Credit Card
• Debt Management Advice
• Debt Management Agencies
• Debt Management Agency
• Debt Management Articles
• Debt Management Associates
• Debt Management Centre
• Debt Management Companies UK
• Debt Management Company
• Debt Management Consultants
• Debt Management Corp
• Debt Management Corporation
• Debt Management advice
• Debt Management Credit advice
• Debt Management Group