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Your Options

There is no one size fits all solution to problem debts. Therefore, when looking for good advice, it is important you speak to an organisation offering all type of solutions.

We pride ourselves on offering all types of debt solutions. Our ethical advice model is designed to give an unbiased assessment of the choices open to you.
That is why when you speak to our advisers, you can be assured we are offer the solution that is best for you. The table below compare and contrasts the various solution types to solve debt problems.

 

Consolidation Loan

Debt
Management

IVA

Bankruptcy

Protection from all unsecured creditors.

No
No
Yes
Yes

Long term, likely to save money.

No
No
Yes
Yes

Avoids selling house to release equity.

Yes
Yes
Yes
No

Unsecured creditors legally obliged to write off the debt.

No
No
Yes
Yes

Creditors who don't want to help legally obliged to do so.

No
No
Yes
Yes

Arrangement runs for a fixed period.

Yes
No
Yes
Yes

Creditors stop chasing for payment.

No
Yes
Yes
Yes

Avoids the stigma of bankruptcy.

Yes
Yes
Yes
No

Stops affairs being made public in my local newspaper.

Yes
Yes
Yes
No

Stops interest building up.

No
No
Yes
Yes
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