Debt Solution

Get advice on all debt solutions

Many clients call the service and feel that there is no way to get out of debt. The months go by quickly it just feels that the debt on credit card and loan repayments continue to mount up. By calling Money Advice Direct we will recommend a solution to help you get back in control of your life.

Money Advice Direct will allocate an adviser to find the best solution for you. The service has been established for many years as a debt advisory service offering debt advice and debt management solutions to help people get debt free (subject to terms and conditions). Unlike many other debt solution firms, we will find a solution that provides a long term remedy not just a quick fix

If you call contact the debt solutions service a adviser will provide you with best advice and solutions to help you deal with your debt and credit problems.

Money Advice Direct receives 1000’s of calls each month from people looking for a suitable debt solution to their problem.

Confidential and non-judgemental debt advice is available in the following debt solution topics:-

Please note that one of debt advisers at Money Advice Direct will “tailor make” a bespoke solution for your particular requirements. It is important to choose the right debt solution for you.:-

• IVA – Individual Voluntary Arrangements for people in debt over £15000.

The IVA has become a popular debt solution with more and more people opting for this route. Many people contact us after using a debt management company who feel an IVA would be a more secure way out of debt.

• Bankruptcy

Bankruptcy is the final debt solution anyone should consider as it is quite extreme. It can cost around £500 court and admin fees to go down this route.

• Debt Management

The debt management route is plagued with uncertainly because it is not legally binding. Debt management plans are informal schemes. Please beware of unreputable firms in this sector offering this solution.

• Trust Deeds for residents of Scotland.

This is a solution for residents of Scotland only. The trust deed or protected trust deed is only available in Scotland and lasts no longer than 3 years. After this period the remainder of the debt is written off leaving you absolutely debt free (subject to terms and conditions).

• Debt Consolidation Loans

This solution can be achieved by either a secured loan on your property or an unsecured loan. These should only be considered as a debt solution of you can afford the monthly repayments. Do not be pushed in to one of these without first looking at our Debt Budgeting Calculators.

• Administration Order for people with debts below £5000.

An Administration Order is a single county court order that covers credit debts and certain other debts which are all treated together. It allows you to make a single payment every month into the court. The court staff will then divide the money amongst your creditors on a pro-rata basis. An Administration Order stops creditors from taking further action against you.

• Debt Budgeting Calculators

This simple budget calculator will help you work out how much money you have available each month. It will only take 2 minutes to complete. Your answers are completely confidential, and we won't see or keep any of your information. It may help you decide on which debt solution you want to take.

• Debt Management Advice.

You will be impressed by our freephone debt advisory information service which provides you with the best solution to help you deal with your debt and credit problems.

Call Money Advice Direct on 0800 074 6918 and we will find the right debt solution for you. It may be an IVA or another debt solution. Whatever the answer is will provide confidential and non-judgement debt advice on how to get debt free (subject to terms and conditions).

Debt Help