ClearDebt Analyser

The ClearDebt Analyser is a unique free tool which shows you your best way out of debt - whether an IVA, debt management, debt consolidation or bankruptcy. Immediate results on screen help you say goodbye to debt worries for good!

Debt Repayment Calculator

Easy to use Debt Repayment Calculator illustrates how you can clear your debt and become debt free.

Our debt calculator illustrates the effect of a change in APR on your debts over time.

Become debt free

ClearDebt helps people beat debt and become debt free. Read about our recent cases below where we have helped clear debt.

Debt statistics from ClearDebt generated from live user data from people who have completed our Debt Analyser.

Bankruptcy Advice - Disadvantages

Bankruptcy is personal insolvency’s “nuclear option”. That’s not to say it is not the right choice for many – it often is. But, life won’t be the same after becoming bankrupt – not least when it comes to rebuilding your credit rating in years to come:

• All your assets, apart from those required for a basic standard of living, will be sold. This may include your house.
  
• You will not be allowed to obtain more than £500 credit unless you first disclose that you are bankrupt
  
• Any income you have in excess of that needed for your basic needs will have to be paid to your creditors.
  
• Your job may be at risk: certain trades and professions will not allow you to work when bankrupt.
  
• Your credit rating will be affected (probably for some time after your bankruptcy ceases) and there may be other restrictions, such as having your bank and credit card accounts closed.
  
• Your bankruptcy will be advertised in newspapers.

• ClearDebt is the only IVA company to offer full online IVA applications
• Five simple sections to complete a full IVA application
• No time consuming filling debt forms by hand
• Login when it suits you and complete at your own pace
• Personal, private, confidential and secure
• You stay in control

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