Debt Solutions
When your debt starts to get out of control, it is important that you find a solution that is right for your circumstances. One Advice can offer you expert advice and information on a number of debt solutions available, including:
- Debt Management: An informal agreement with your creditors where you make one low monthly payment to your debt.
- IVA: The only debt solution that can write off part of your debt, without declaring you bankrupt! An IVA is a legally binding creditor agreement where the you pay a fixed monthly payment for 60 months, then any unpaid debt is written off.
- Trust Deed: The equivalent to an IVA for residents of Scotland.
- Bankruptcy: An extreme debt solution. If you are thinking about declaring yourself bankrupt, please contact One Advice to see if there is another solution.
To help you understand the debt solutions in more detail, simply fill in the enquiry form so that we can contact you or call us on 0800 048 1752.