Debt Solutions
Debt Solutions Companies.
Debt.co.uk
Debt.co.uk is designed to give you the information you need to make decisions about your financial future. The website offers initial advice to see if further advice is required, calculate if you outgoings are the same as, or more than, your income then a non-lending solution may be the best way forward.
Debt.co.uk offer advice from a professional debt advisor on three solutions to debt problems, Debt Management Plans, IVAs and Bankruptcy.
Debt Management offers a single monthly payment calculated on what you can afford to pay; dealing with creditors is taken over by the company managing your Management plan; and interest and late payments charges are frozen and the total amount of debt is reduced. They offer advice on IVAs, promising to be debt free in 5 years, reducing the total amount of debt and legal protection from unsecured creditors with a fixed legally binding agreement. Bankruptcy advice is available so that all other avenues are investigated before resorting to Bankruptcy proceedings as this involves the individual turning over all their assets including property to the official receiver.
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