Debt Solutions

This might be a suitable debt solution if you already have a County Court judgment (CCJ) or a High Court ruling against you and you cannot repay your debt in full.

This is not an option to be taken lightly but if your debts are over £20,000 this might be the best way to get your finances back under control.

This is an option if you have a lot of different debts and struggling to keep up with the repayments.

An informal arrangement between you and your creditors at a rate that you can afford without relying on further borrowing.

A Debt Relief Order (DRO) is a way of dealing with your debts if you can’t afford to pay them. It means you don’t have to pay certain kinds of debt for a specified period (usually 12 months).

This is a way of dealing with your debts if you need to protect property being it a home or a car or other expensive items that might be treated differently if you were to go for bankruptcy.

Before entering into one of the solutions above, have a think about other ways you could deal with your debts.

Please read these warnings before taking out any debt solutions.