Debt Free

Debt is becoming an increasing problem in the UK, as it is all too easy to find yourself struggling with your creditor commitments. A certain amount of debt is fine and, as your mortgage counts as a debt, it can be almost impossible to avoid. But when your debt levels become a struggle, it is time to get expert help to see if you can become free of unsecured debt.

Debt Free offers free financial guidance on your debt problems, no matter how much you owe and no matter how many creditors. We will do our best to find you the right debt solution for you so that you can look forward to your debt free future.

How Can I Become Debt Free?

The good news is that being debt free does not have to be an impossible dream. We can offer you a number ways to reduce your monthly outgoings to your unsecured creditors. Debt Free will find the right solution for you, debt solutions on offer include:

• Debt Management Plans: A debt management plan is an informal agreement between the debtor and their creditors. This debt free plan allows the debtor to make a reduced monthly payment to their debts so that they can work to becoming debt free.
• IVAs: An IVA is a legally binding contract between the debtor and their creditors. IVAs were introduced as a form of government help, as this government backed legislation is most suitable for those with debt levels over £15,000 who thought that their only way to become debt free is through bankruptcy. An IVA can protect a debtors assets, stop bankruptcy action and offers the chance to be debt free in 60 months as all unaffordable debt will be written off.
• Trust Deeds: A Trust Deed is similar to an IVA as you make set monthly payments to your debts and your assets become protected. A Trust Deed is only available by law to residents of Scotland and typically you can expect to be debt free in 36 months.
• Bankruptcy: Debt Free would only ever recommend Bankruptcy in the most extreme solutions and suggest that you seek alternative debt solutions first.

Free Debt Advice

No matter what your level of debt, Debt Free will try and find you the right debt free solution for your circumstances. We will talk you through your finances and help you to find the right solution which will allow you to be debt free.

We offer free debt advice and information about how to begin your Debt Free future. So please get in touch with Debt Free today, call our expert debt free advisors on 0800 048 1763 to discuss your options or fill in the Quick Enquiry form for a call back.