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Answer a few questions to let us know about what you owe.
Our expert will check your eligibility for all UK debt solutions.
Choose the best solution to manage what you owe with lower monthly payments.
Beth
“Overall, the emotional and mental peace that comes with choosing a suitable IVA is invaluable. It’s like a heavy burden has been lifted.”
Total unsecured debt
£97,469
Previous monthly payment
£1,500
New monthly payment
£110
IVA
Alan
“Having been subject to a scam, I contacted UK Debt Expert . The problem was resolved with a Trust Deed and their advice eased my worries in a professional manner.”
Total unsecured debt
£22,140
New monthly payment
£153
Estimated debt write off
43%
Protected Trust Deed
Stephanie
“I was struggling with debt and one phone call has made me feel less stressed. This company has saved me and now my debts are affordable.”
Total unsecured debt
£4,436
Biggest Concern
Council tax
New monthly payment
£90
Debt Arrangement Scheme
Example cases from the UK Debt Expert group of companies in 2024. Repayment calculated using income and expenditure data. Monthly payments and write off percentages are based on individual circumstances.
Individual Voluntary Arrangement (IVA)
An Individual Voluntary Arrangement (IVA) is a legally binding agreement that could help you write off a percentage of your debt. Typically lasting between five and six years, this solution may be an option if you owe more than £7,000 in debt.
Debt Management Plan (DMP)
A DMP is an informal solution that reduces your monthly payments towards your debts. Your monthly payments will be based on what you can reasonably afford. You may consider this solution if you’d like to repay your debt in full.
Debt Relief Order (DRO)
A DRO is a solution that could help people with a low-income manage their debt. In 12-months you’ll clear the debt you’re unable to pay. You might choose a DRO if you owe less than £30,000 and don’t have any savings or valuable items.
Bankruptcy
Bankruptcy is a legally binding solution that allows people to clear all of the debt they owe. It should always be a last resort. All debts will be included in a bankruptcy, including mortgages, which means you’ll need to surrender your home to the agreement.
If you’re struggling with unsecured debt, such as credit cards, loans or utility bills, you may consider a debt solution to manage what you owe. It’s important to be aware that there are many solutions available, each with its own eligibility criteria.
Before making a decision on entering any solution, it’s important to seek professional debt advice to find out more about each and ensure you choose the most suitable and sustainable solution for your situation.
The fact-finding and advice call is free. That call will explore all possible debt solutions applicable to you.
If you live in England, Wales and Northern Ireland, an IVA may be a suitable debt solution. An IVA will be provided by Creditfix and fees will apply.
If you live in Scotland, a Trust Deed or the Debt Arrangement Scheme may be a suitable debt solution. Trust Deeds and DAS will be provided by Carrington Dean Group Limited and fees will apply.
When considering a debt solution it’s important to be aware it will likely adversely affect your credit rating as it will show on your credit report for six years after it has been approved.
However, it’s important to note your credit score will likely already have been affected by being in debt in the first place.
In most cases entering a debt solution won’t affect employment. However, in certain professions, such as accountants and solicitors, having a formal arrangement in place may mean that you can no longer practice or you may only be able to practice under certain conditions. An advisor will be able to discuss this in more detail.
Entering into a debt solution can be a positive way to manage your debt and finances.
Many debt solutions offer the opportunity to combine several debt repayments into one monthly payment, based on your affordability.
An advisor will discuss all considerations with you before you make the decision to enter a solution.
We offer debt advice tailored to your circumstances. We’ll find out more about your current financial situation and your lifestyle to advise on the best solution for you.
All of our advice is free; however, fees will apply should you decide to enter into an arrangement.
These will be discussed by an expert advisor to make sure you are fully aware of the costs involved.
Getting debt advice can be a positive way to manage what you owe. However, it’s important to be aware that while advice is free, fees may apply if you decide to enter into a debt solution. Debt solutions are subject to eligibility criteria and can negatively affect your credit rating.
The advantages and disadvantages for each solution can be found here.
An advisor will discuss all considerations with you in full to help you make an informed decision on how you choose to proceed.
