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Worried about debt? E-insolvency can provide you with free confidential advice and support. For immediate help, for debt advice to suit your individual circumstances call 0800 074 6918 The E-insolvency advice service helps people resolve their debt problems by providing free information and advice from over 300 advisers in several locations around the UK The majority of our advisers are trained volunteers, helping people to resolve nearly 200,000 debt realted problems every year. E-insolvency has been created by a consortium of leading advice agencies, supported by The UK Insolvency Helpline, so that those with debt problems should have access to free sources of unbiased advice appropriate to their needs. The aim of the E-insolvency is to provide one simple point of entry for people who do not know where to go or who might otherwise have paid for the advice, enabling those who are struggling to repay their debts to get the help they need. All help provided by the E-insolvency is free of charge and the initiative is fully supported by The UK Insolvency Helpline. How the E-insolvency works People contacting the E-insolvency via its freephone number - 0800 074 6918 - will be asked a number of simple questions by a specially trained adviser, allowing them to be referred to the most appropriate source of help. IVA - Individual Voluntary Arrangement
The IVA is an extremely powerful tool enabling you to clear your debt and return to a clean financial bill of health. Bankruptcy Bankruptcy is an option that often has to be considered when an individual cannot pay their debts as they fall due. A first time bankrupt with debts will generally receive their discharge one year after the date of the bankruptcy order Debt Management Are you struggling to pay credit cards, loans, store cards or catalogues? Would you like someone to help sort out your payments and talk to creditors for you? Would you like to be able to pay one affordable amount to all your creditors each month? If this sounds like you, a Debt Management Plan may be just the thing Debt Consolidation loan Consolidate debt and reduce your monthly outgoings by up to half with a debt consolidation loan Trust Deeds in Scotland A trust deed or protected trust deed is a legally binding debt repayment agreement for residents in Scotland who have debts above £8000. 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.
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