Debt Free can offer you free advice and information on ways that you can become debt free. No matter how much debt you owe, our expert debt advisors are on hand to help. We specialise in a number of leading debt solutions such as debt management plans, trust deeds or IVAs.
A Debt Management Plan is an informal agreement with your creditors. It offers you one low monthly payment to all your debts. A debt free plan is most suitable for those with lower debt levels who are looking for an easier way to manage their outgoings to their unsecured creditor commitments.
As a debt management plan can offer you a reduced monthly payment and creditors are sometimes willing to freeze any additional interest or charges.
Our Debt Free IVA advisors can help you to discuss your financial circumstances and see if an IVA is your best debt free solution. An IVA is the only debt solution (except bankruptcy) which offers you a level of debt write off, as you only pay back what you can realistically afford to.
An IVA (Individual Voluntary Arrangement) is a legally binding agreement between you and your creditors. If you have debt over £15k then an IVA could be the perfect way for you to become debt free. You are protected from your creditors and you can keep control of your assets. Unaffordable debt will be written off on completion of your IVA, and you make affordable monthly payments over an average period of 60 months.
For instant free debt advice, you need to get in touch with our team of expert advisors. To contact us directly, please call Debt Free on 0808 131 0039. Our advisors will be able to offer you free debt advice and talk through your potential debt solutions.
Not sure which debt solution is right for you? Take the Debt Free Test. Answer just a few easy questions to discover which debt solution is right for you.