Debt Help Links
Debt Help Links
Bookmark this page for debt advice, avoidance of bankruptcy and
cutting your costs.
The Motley Fool
The
Motley Fool offers good advice for people in debt. As well as
reading the articles on The Motley Fool, you can also take part in
their forum, which can provide you with
support and advice from people already dealing with their debt and
willing to talk about their experiences.
How an IVA works
For an independant guide to the way an IVA works, you can visit
the Wikipedia IVA page. You can also access a guide
to the advantages and disadvantages of an IVA, here on 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, and successfully recovered their finances to
a more stable position.
iva.com is a
well respected website which includes reviews of debt solution
companies and testimonials of clients who have had both happy and
unhappy experiences.
Another highly regarded website for people in an IVA or
contemplating one is iva.co.uk
where you can view first hand experiences and interact with other
people in an Individual Voluntary Arrangement.
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. When it comes to saving money, you should
bookmark MoneySavingExpert. This 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.
BBC - Your Money
The BBC, as with almost anything, has terrific resources on debt
and money management. From time to time, we will publish these
links here, but if you want a quick and painless (you don't need to
input a single figure) overview of what your financial priorities
ought to be, this is a website worth visiting regularly.
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. Hodgsons are a Partner of ClearDebt and can
assist you should this be the path you decide to take.
Citizens Advice Bureau
Citizens Advice Bureau is always
a good place to start your search for debt advice. The information
they can provide for you, can give you a good grounding for
understanding your situation more fully, and deciding 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.
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.
