Debt Problem Help
Introduction
Money Advice Direct has over 10 years experience in the UK debt problem help and welfare support services. Our Teams pride themselves in providing dedicated money advice to all.
Our "best advice" debt advice services are solving the UK’s debt problem. We carry out detailed credit and debt reviews on all of our customers so we can find the best debt help available. After we spend a short period of time with our clients we are able to identify what method of debt help is needed and as such offer the best debt problem help. We have a track record of quickly identifying the best debt help for the clients particular debt problem.
The problem in the UK is that people tend to go to the wrong type of debt help companies and as such make their debt problems worse. Many people are coming to our debt problem help teams for advice on an IVA or Individual Voluntary Arrangement.
IVAs or Individual Voluntary Arrangements are good if you can satisfy the following debt problem help requirements:-
- The client has a regular income.
- The client has debts of over £15,000
- The client owes money to at least 3 separate organisations.
- The client can afford a regular monthly payment of at least £200 per month.
Our debt problem help teams like the IVA as the procedure allows the client to pay back only what they can comfortably afford over no more than 5 years. It is for this reason alone the IVA is UK’s best debt problem help procedure. For more information on the IVA please click here.
If your debt problem is less that £15,000 then you may not qualify for an IVA. In which case we will recommend you either look into a debt management plan or a consolidation loan. Please note that a debt management plan is not a legally binding contract, unlike an IVA.
At Money Advice Direct we will quickly tell you which debt management solution will be your best remedy of debt problem help and actually see that it is implemented the same day.
Some home owners sometimes feel that consolidation loans are the cheapest form of debt problem. We do not like recommending loans, especially if we can find a debt problem help solution to help you get debt free (subject to terms and conditions). However if you have a lot of equity in your property then a secured consolidation loan may be cheaper in the long term compared to being made bankrupt.
At Money Advice Direct we pride ourselves in being totally confidential debt help specialists for all debt problem scenarios. We are improving available debt help by promoting only the best debt problem help available.
Please call 0800 074 6918 for all debt help questions and remember no debt problem will be too difficult for us to deal with.
IVA's
The IVA Guide
Money Advice Direct has put together an IVA Guide based on the enquiries and questions that we receive at our helpline offices.
In the guide we cover such subjects as IVA Approval, early settlment of your IVA, missed IVA payments, IVA failure, additional debt claims and much more.
[click here for IVA Guide]
What is an IVA?
The IVA is an extremely powerful tool enabling you to clear your debt and return to a clean financial bill of health. Visit Money Advice Direct's Guide to Individual Voluntary Arrangements (IVAs).
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DANGER
Due to the tremendous demand for debt consolidation services the United Kingdom is now overloaded with debt management companies that contain misleading information. [more...]