You can obtain free and impartial advice on how to deal with your creditors from the Money Advice Service

You May Qualify To

Write off a portion of your unaffordable debts
Have just one monthly payment at a rate you can afford
Reduce or eliminate collection calls & lender harassment.
Potentially freeze interest & charges in your debts

Monthly payments can only be determined once an income and expenditure has been completed with an advisor. Depending on the solution entered into, a percentage of your debts could be written off. How much will depend on the programme and your unique financial situation.

How It Works

Being in debt and finding the right solution can be daunting.
We simplify the process of seeking the right advice with a few simple, straight forward steps.

1. Check If You Qualify

Simply answer the brief questions above to see if you qualify for any available debt relief plans.

2. Book Your Consultation

If you qualify, you will then be referred to a professional debt advisor who will assess your situation and advise which plan is best for you.

3. Get Professional Advice

Your debt advisor will go over all of your options, explaining the pros and cons of each. At this point you can make an informed decision about which path to pursue. Your consultation is completely confidential.

Know Your Options

Debt Management Plan (DMP)

Available to residents of the UK

  • Have just one monthly payment as little as £75 for all your debts
  • Pay only what you can afford
  • Your credit file may be affected for up to 6 years
  • Cannot help with secured or current household debt (gas, water, etc)
  • Will last until debts are repaid in full
  • Not legally binding

Paying less over a longer period of time may increase the total amount repayable and also interest and charges may not be frozen

Individual Voluntary Arrangement (IVA)

England, Wales and NI customers

  • Write off up to 85% of your debt
  • Unsecured debts included within in the IVA will be written off at the end of the agreement
  • Stops letters and collection calls
  • Consolidate all debts into 1 payment
  • Your details will be recorded on the insolvency register
  • Homeowners may need to release equity from their homes
  • Failure to comply with the IVA terms may lead to bankruptcy
  • Your credit file may be affected for up to 6 years
  • Expenditure may be restricted

Subject to creditor approval

Protected Trust Deed

Scottish residents only

  • Consolidate your debt into one monthly payment
  • Have a fixed term, usually 4 years
  • Write off all your remaining unsecured debts that were included in the Trust Deed, at the end of the term
  • PTDs are listed on the public insolvency register
  • Your credit file may be affected for up to 6 years
  • Homeowners may need to release equity from their homes
  • Failure to pay the Trust Deed could result in further action being taken like Bankruptcy
  • Expenditure may be restricted

Subject to creditor approval

Equity Release

  • Release tax-free cash from your home to pay down your debt
  • Take the money in a lump sum or over several smaller payments
  • Must be 55 or older to qualify
  • You will be required to pay set up and/or arrangement fees
  • May be early repayment charges
  • Equity release is expensive
  • May hurt your ability to save enough money for retirement


  • Get a fresh financial start
  • Be debt free in just 12 months
  • You may need to give up assets including your home & car
  • Income in excess of that needed for basic needs is paid to your lenders
  • Your bank accounts will be frozen
  • Can affect current and future employment
  • You may have difficulty obtaining credit in the future

Other Options

  • Administration Order
  • Debt Arrangement Scheme
  • Minimal Asset Process
  • Debt Relief Order
  • Sequestration

Do you qualify for any of these debt plans?


We Can Help With

Lines of Credit

Personal Loans

Business Debts

Graduate Loans


Store Cards

Payday Loans

Credit Cards

Frequently Asked Questions

Why would my lenders accept less than I owe them?

In the case of an IVA or Protected Trust Deed, your lenders may agree to settle for less than your current balance owing. The reason is because they know there is the very real chance that someone with serious debt problems will simply walk away from their debts, leaving them with nothing. And from the perspective of your lenders, something is better than nothing.

What options are available to me?

Each situation is different. To determine what options are available, an income and expenditure form would need to be completed to understand what your affordability is. This would then determine what options are available to you. In England, Wales & Northern Ireland there are options including – self help, informal arrangements, DMP, Consolidation loan, IVA, Bankruptcy, DRO, Administration Order. In Scotland options include – self help, informal arrangements, consolidation loan, Protected Trust Deed, Sequestration & Minimal Asset Process.

Will I lose my assets, such as my house and my car?

Most debt relief programmes will allow you to keep your assets. However, there are some options which may require you to give up some or all of your assets including bankruptcy and sequestration. Your debt advisor will help you find the option that’s right for you.

I have payday loans. Are you able to help with that?

Payday loans are typically accepted into most debt relief plans. Your advisor will be able to assist you with more information.

How long will it take for me to get out of debt?

How long it will actually take you to become debt free will depend on the amount you owe, how much you can afford to repay each month and the programme you enter into. Your debt advisor will discuss all of your options with you and let you know how long each programme would take to complete.

How will debt relief affect my credit rating?

All debt relief solutions affect your credit rating in some way. Your credit rating may be affected for up to 6 years and you may have difficulty obtaining credit in the future, depending on which programme you enrol into. Nevertheless, if you are having financial problems it is very likely that your credit rating has already been negatively affected, particularly if you have missed a payment. The good news is that no matter what your credit rating is, you can always rebuild it over time and this process can begin as soon as your debt relief plan ends, as long as you remain debt free once the plan has ended.

Will I have to continue to deal with my lenders?

Nobody can guarantee that your lenders will stop contacting you completely, under all circumstances. Once you are enrolled in a debt relief programme, your advisor will do all they can to help reduce this contact. Some debt solutions do obligate your lenders to stop contacting you upon acceptance into the programme, such as with an Individual Voluntary Arrangement (IVA), Protected Trust Deed (PTD) and Debt Relief Order (DRO). However, if you stop making your payments then your lenders are legally permitted to begin contacting you again.

What if I'm already enrolled in a debt plan with another company?

If you aren’t satisfied with the results you’re getting with your current debt plan provider or if you are experiencing financial difficulties in managing your existing programme, you are free to switch to a new programme at any time. However there may be consequences in switching programmes such as interest being re-added to the debt and lack of protection from lenders during the cross over period. Simply fill out the form above and one of our debt advisors will contact you to discuss your situation and to determine whether it might be suitable for you to switch your plan arrangements.

Take control of your debt today!