Debt Solutions

People get into debt for many different reasons and in many different ways, so there are a variety of debt solutions to suit your individual situation and needs. There may be several choices open to you and we want to ensure that you choose the correct option for your circumstances.

Throughout this website we will provide you with a detailed summary of some of the debt solutions available, including the pros and cons of each, in order that you can make an educated decision as to which option will lead you to a brighter, debt free future.

Your Debt Options

 Individual Voluntary Arrangement
 Debt Consolidation
 Debt Management
 Bankruptcy

Comparison table

Question	Bankruptcy	Debt Consolidation	Debt Management	IVA
Will my debts be cleared within an agreed period?
Will interest be frozen?
Are my creditors likely to accept less than I owe?
Will I be able to avoid selling my interest in my home?
Will I be protected from my unsecured creditors?
Will my creditors stop chasing me for repayment?
Do I retain control of the situation?
Is it a confidential procedure?
Will I avoid the stigma of bankruptcy?
Does the procedure have to be administered by a properly licensed professional?
Are all my unsecured creditors legally obliged to write off the debt I cannot afford to repay?