Debt Help Compare is open until 8pm today - call us on 0845 838 1892
From mobiles, it might be cheaper to call us on 01942 204 659
Reduce all your current interest rates and
consolidate all your existing creditor.
Find out if Debt Management is the best option for you
We will select the best advisors to help you save money every month See how much you can save - Try our FREE 60 second debt calculator
What is a Consolidation Loan?
Debt Management Plans
A Debt Management Plan is an informal route to repay your debt, using one monthly affordable payment.
One affordable monthly payment
Freeze interest and charges
Stop letters and phonecalls
Stop any baliff action
IVA - Individual Voluntary Arrangement
An IVA (Trust Deed in Scotland)is a formal route to repay your debt using one monthly affordable payment. Once the IVA has been accepted, the creditors will agree to:
An IVA (Trust Deed in Scotland)is a formal route to repay your debt using one monthly affordable payment. Once the IVA has been accepted, the creditors will agree to:
Write off up to 75% of the debt
Freeze interest and stop charges
Stop letters and phone calls
Finish the plan in 60 monthsTrust Deed / Protected Trust Deeds
A Trust Deed
and the Scottish equivalent of an IVA
but there are a few subtle changes:
Write off up to 90% of the debt
Freeze interest and stop charges
Stop letters and phone calls
Finish the plan in 36 months
Bankruptcy
Bankruptcy
is and always will be the last resort to solve a debt situation and you must be fully
informed before deciding on this option.
Reduce the stress caused by your debt
One lower monthly payment
Debt free in normally 12 months
Debt is written off when your bankruptcy is finished




