Debt and Money
Fed up with endless debt? You are not alone. We have helped many clients escape from debt by advising them on the best solution for them. If you feel that we can help you then contact us.
More information:
- Why use our services
- How we help clients in debt
- Debt collection laws and money advice
- Why our services are different
- Frequently asked questions on debt
1. Why use our services
You may have already received offers of help from Debt Management companies and offers of additional lending from Loan companies. You may have refused further finance via consolidation loans. You may have already spoken to so-called debt advisors advising you that they can restructure your debts so that you make one lower monthly payment which is affordable to you.
You may have been persuaded you that Debt Management is the answer and you may be paying your debts under such a programme. However this may not be the right advice for you. There may well be a conflict of interests arising between you and the Debt Management company and you may not even be aware of it.
The way Debt Management companies make their profit is by advising you that a Debt Management programme is right for you. This may be correct some of the time but it is not always the case. You may have noticed that while repaying your debts under a Debt Management programme the balances have not decreased by the value of the repayments that you are making. This is usually an indicator that Debt Management is not necessarily the right advice for you.
There could be several reasons why your balances are not decreasing. Firstly your Debt Management company may not have arranged with your creditors that interest charges should be frozen. If this is the case you may well find that the repayments you are making under the programme do not cover the accruing interest and charges. If this happens over a period of time far from getting out of debt, your debts will get bigger.
2. How we help clients in debt
If you can answer 'Yes' to any of these questions we can help:
- Do you dread the post or the telephone ringing?
- Does your expenditure exceed your income?
- Are you finding it hard to meet your monthly payments to your creditors?
- Are your creditors pursuing you for payments through the courts?
- Do you have mortgage arrears and do you worry about repossession?
- Are you already on a debt management programme and fed up with paying fees?
- Will it take longer than five years to discharge your debts?
We can offer the following in relation to your debt problems:
- Free initial advice and an independent assessment of how best to tackle your problems.
- Dealing with court proceedings that have been issued.
- Defending possession proceedings.
- Advice on alternatives to Debt Management.
3. Debt Collection Laws and Money Advice
Being pursued by creditors for debts that you cannot afford to repay is incredibly stressful. We can assist by:
- Rescheduling payments with your creditors.
- Advising on bankruptcy whether by a creditor or by your own application.
- Advising on whether an Individual Voluntary Arrangement would be suitable for you.
- Assisting you in defending County Court claims and mortgage repossession applications.
- Advising you on action that you can take when bailiffs have been appointed.
- Assisting you in defending applications for council tax liability orders.
4. Why our services are different
We are an approved specialist provider of advice in debt matters by the Legal Services Commission. Subject to financial qualification, we are able to provide free independent advice to members of the public under the Legal Services Commission Legal Help Scheme. Kindly contact us to confirm whether you qualify for such advice.
See also Frequently Asked Questions on Debt
Fees (Debt and Money)
Fees incurred for resolving debts depend on the solution applied.
Contact
Ring freephone 0800 975 5454 or landline 0161 445 3678.
Ask to speak to Colin Bethell for free initial advice on the best way to remove your debts.
