Money Problems Advice
Advice on solving money problems
Money Advice Direct debt advice service helps people resolve their money, and other debt problems by providing confidential and no obligation debt advice either online at www.insolvencyhelpline.co.uk or by calling the FREEPHONE number 0800 074 6918. The service is open 24 hours a day, all year round including bank holidays. Email advice available.
The vision of Money Advice Direct is to reduce debt and money problems in the UK by improving people’s capacity to manage their debts, enabling them to take more control over their finances and make informed choices in the future.
The money advice service many advisers, providing debt and money advice to financially excluded members of the public who are experiencing debt and money problems.
Quick guide to money problems: Advice on solving money problems
- Don’t panic, help with debt problems is available.
- Check you owe are responsible for the debts
- Check the amounts you owe are correct.
- Pay your priority debts first, such as mortgage, rent, light and heat.
- Don’t be afraid to speak to your creditors to tell them your situation.
- Check you are getting all the benefits you are able to claim.
- Work out a budget.
- Think about what you can comfortably afford to pay each month on your debts.
- Keep all creditor letters so you have a record of what has been agreed.
- Keep on touch with your creditors. If your income fluctuates then inform all parties.
It is usually a good idea to consult a money advice expert early at Money Advice Direct. A dedicated case adviser will inform each client:
- The best way to deal with people owed money to.
- Help you make the most of income and benefits.
- Detailed money problems advice.
- Advice on how to solve money problems.
- Advise you how to deal with debt problems yourself
- Methods to end money worries.
- In emergency or urgent situations, a money adviser might have to deal direct with the companies you owe, the bailiffs, or the courts.
If you need help & advice on handling money, cash flow and debt then a dedicated money advice worker will provide real answers for your worrying debt problems on FREEPHONE 0800 074 6918 or apply online.
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...]