Information to assist your decisions
We are a small team of people that help you find a way forward with any problem involving:
Debt
Mental Health
Benefits
Council Tax
We aim to make the process as easy as possible so we offer telephone and online consultations. We do not offer face to face appointments as we have realised that is not what most people want. To be able to discuss your situation in the comfort of your own home makes so much sense and helps those who struggle to go out or be with people.
We offer advice on matters, but we will not and do not sell debt solutions. We will advise you of the best solution for you and signpost you to a charity to help you. We will also help you prepare and complete forms ready to ensure a smooth easy process for your chosen application.
Just some of the most common debt solutions available to you:
Debt Relief Order (DRO)
A DRO is suitable if the following apply;
Your debts are less than £50,000
* You are not a homeowner
* You do not have a car worth more than £4,000
*You do not have saving or assets of more than £2,000
*You do not have more than £75.00 per month spare income
*You have not had a DRO within the last 6 years
A DRO is free but there are some debts that will not be included within the DRO and we will discuss and explain this to you
Debt Management Plans (DMP)
DMP’s are informal agreements and we will help you to negotiate a payment plan including all your debts to make an agreed monthly payment
The benefits of a DMP are that they are informal and it is not legally binding and will can be cancelled if your circumstances change.
Individual Voluntary Agreement (IVA’s)
IVA’s do of course have a place. We do often find that they have been sold to people that they were not suitable for.
*You would need to be sure that any figure you agree to pay, you must be able to pay for a minimum of 6 years
*You need to owe more than 2 creditors
*The fees are high so we suggest you only consider an IVA if you owe more than £10,000
*You must be able to pay more than £80.00 a month to your IVA