Debt Help Links
Debt Help Links
Here is a selection of useful resources from across the
internet. Bookmark this page for debt advice, steps to avoid
bankruptcy and budgeting guides.
How an IVA works
For a straightforward guide to the way an IVA works, you can access
a guide to the advantages and disadvantages of an IVA, here on our
own site: "What is an IVA?"
When considering the right debt solution for you, we find the
most helpful source of extra advice comes from people who have been
in your shoes already. The community pages of our website offer a
platform for anyone to post a question, receive support from our
trained staff or find someone else in a similar situation to their
own- ultimately giving you a 'voice' to discuss your issues
regarding debt and financial strain.
You can also read a blog written by one of our clients who has successfully
completed his IVA and shares his story on our website whilst
another talks honestly about how she
robbed Peter to pay Paul until she came to terms with her debt
and asked ClearDebt for help.
Debt Management
If you decide you are more suited to a Debt Management Plan
(DMP), then you can read about the advantages and
disadvantages of this solution on our website.
As you will see on our site and others such as National Debtline's, a Debt Management Plan
offers you an informal solution to your debt. Our team will liaise
with your creditors and arrange one, affordable monthly payment
from you, which we will then distribute accordingly to your
creditors; no more angry phone calls and the chance to take your
first steps towards a debt free future.
MoneySavingExpert
Taking your household budget seriously is an important step in
dealing with debt. The Money Saving Expert
website offers great money saving tips and when signing up to their
newsletter you can also receive emails offering discounts in many
on and offline stores. ClearDebt have also produced their very own
MoneySaving Pack and this can be
downloaded here for your use.
Money Advice Service
A free independent service set up by the government, the Money Advice
Service aims to help everyone manage their money better.
They offer clear, unbiased money advice to help people make
informed choices and is a useful source of information.
Citizens Advice Bureau
Citizens Advice Bureau is always
a good place to start your search for debt advice. The information
they provide can give you a good understanding of your situation
and help you decide how to progress further.
R3, The Association of Business Recovery Professionals
R3, the Insolvency
Practitioner's representative body has some useful publications
which can offer you sound advice if you or your business debt is
becoming unmanageable. Their website offers several guides which
offer advice for those in business debt, and/or personal debt.
Bankruptcy Advisory Service
No debt solution should be taken lightly, but if considering
bankruptcy, it is important you understand the lasting implications
this may have on your life. ClearDebt and can assist you
should this be the path you decide to take. For further information
on bankruptcy, you can also visit the Bankruptcy
Advisory Service.
Government Insolvency Service
The Government Insolvency Service has a
database of licensed insolvency practitioners, including details of
their regulatory bodies. If you've chosen to deal with an IP (and
why not?) you can check them out here.
