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Debt Management
  • We contact your creditors and freeze the interest,
    so we can stop your debt getting bigger
  • We work out with you how much you can afford
    to repay, no more, and present that to your creditors
  • Send us your details and we will contact you TODAY
Start managing your debt today
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Debt Management
Creditors Agreement to DPM
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Debt Management Case Study
Walking Away From Debt
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Deal with debt
Deal with debt
The global recession is affecting everyone, and many people are finding it harder and harder to deal with their debt...
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Debt in the UK
Debt in the UK
Just in 2008, there were over 13.5 million working days that were lost by people who had to take off for stress related illness...
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IVA and Utility Bills
IVA and Utility Bills
A common question out there when trying to figure out what to do about debt these days is whether or not you can...
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Debt Consolidation Case Study
Debt Consolidation Case Study
The problem facing the couple was the debts that they were having to service. Mike's basic salary just about covered ...
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Prioritise Credit Card Debt
Prioritise Credit Card Debt
If you are having problems with credit card debts or if you simply want to make a move to pay off what you owe here because...
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Tax Determination
Tax Determination
The HM Revenue & Customs (HMRC) in the United Kingdom is responsible for all of the tax returns that are filed.
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Does Debt Management Really Work?
If you are having problems with debts then it can be all too easy to get stuck in a rut and not do anything about it. After all, all the advice you read tells you to make a start by working out what you owe so that you can find out if you have a real problem – but, you already actually know that you have a problem. This is, after all, why you’re so worried about your debts in the first place!

Fact is, however, a lot of people actually make their situations far worse by ignoring them. They simply believe that looking at their financial situation is pointless because they already know that something is wrong and working out exactly how wrong things are won’t fix them.

This ‘head in the sand’ approach won’t actually get you anywhere…..except further into debt. It is absolutely vital to take back control in this kind of situation to:
  • Stop things from getting worse

  • Work out what you need to do to make them better

If you don’t take action when you realise that there is a problem then you will, quite simply, never come up with a solution. And, your situation will simply carry on getting worse. This could lead to all kinds of issues from creditors chasing you, black marks on your credit record through to the actual loss of your home if you cannot afford to pay your mortgage or your rent.

So, taking action here may not be a ‘nice’ thing to do and it may give you a shock when you work out how your finances stand but it’s the first step to working out how to improve your situation. Your first task, therefore, is to:
  • Work out exactly what you owe and to whom you owe it.

  • Work out how problematic your debts are (i.e. are you simply struggling to manage your minimum repayments but can still make them or are you in arrears and juggling debts/credit products just to get by every month).

You should also do a budget while you are at it to assess how much of your income you can actually spare to repay your debts. So, work out:
  • How much you have coming in every month (i.e. salary, benefits and all other income).

  • How much you have to spend every month (i.e. on essential payments such as your mortgage, utility bills, council tax and living expenses such as food etc).

The money you have left over is basically what you can afford to spend to repay your debts. If this analysis shows you that you don’t have enough spare cash to pay off what you owe then you will need to get advice. The point here is that you cannot know this for a fact until you do the debt management analysis in the first place. If you are unsure what steps to take next then you can get free and confidential advice from the Citizens Advice Bureau (www.adviceguide.org.uk) or the Consumer Credit Counselling Service (www.cccs.co.uk).
| Creditors Agreement to DPM | Prioritise Debts | Council tax payments | Student loans repayment | Add arrears to your mortgage | Debt Relief Order | Composition order |
| Debt Management Case Study | Walking Away From Debt | Are debts ever out of date | Facing a lifetime of debt | Paying for Debt Management Advice | Non-profit Debt Advice |