All debts start life under control, but things can change. That’s when you need debt help and the best advice on which debt solution would be right for you. You may also want to know what’s involved in an IVA (Individual Voluntary Arrangement), Debt Consolidation, Debt Management, Bankruptcy or other financial advice.
Debt Free Direct is the leading provider of free and impartial debt advice* on serious debt problems. Based on statistics compiled by The Insolvency Service we’re also the UK’s number one provider of IVAs (Individual Voluntary Arrangements). With larger amounts, an IVA can bring down repayments, freeze interest and end the hassle and stress caused by people chasing you for money.
Whatever solution we recommend, honest, free advice is at the heart of our service. If you owe over £15,000 call us without obligation today.
Call us free on 0800 083 1433 to find out more.
Debt solutions that reduce your monthly repayments
Any one of our practical solutions could reduce your monthly repayments, but the one that's right for you will depend on your particular situation.
Whatever debt solution we recommend, be it an IVA, Debt Management Plan or Bankruptcy, honest advice is at the heart of our service. Call us without obligation today.
How our debt advice has helped our clients become debt free
Last year we helped just over 68,000 people solve their financial problems by providing free debt advice. We advised every single one of them what their most appropriate solution would be using our "Best Advice Model" - a unique sophisticated computer program.
Those we've helped range from people whose loans grew after university to those splitting up with their partner, and from homeowners who have overspent to business people facing a crisis. Our case studies show some typical stories.
Get free debt help and advice today, including information on IVA's and other debt solutions
All of our staff are trained to be able to offer you the right solution for your individual circumstances. This may be an IVA, it may be another more appropriate solution. Call us today for advice you can trust.
Need more IVA help and advice?
An IVA or Individual Voluntary Arrangement is a legally binding agreement between you and your creditors (the companies you owe money to). The arrangement outlines how much you owe, and what you propose to pay back over the term of the arrangement (normally 5 years). During the term of the arrangement, your creditors won’t contact you, and as long as you keep up with the repayments, once completed, you become debt free. We would always recommend an IVA is considered along side bankruptcy and the other possible alternatives.
It is important to stress that although an IVA is an increasingly popular debt solution, it should never be entered into lightly. It does offer a number of benefits like being able to write off often large percentages of the debt, protecting your home, and stopping money chasing calls and letters. However it also has some downsides. For example, it will be difficult to get any form of credit during the period of the IVA and for a period afterwards. Other frequently asked IVA questions can be found in our IVA help section or you can phone one our debt specialist directly.
If you are considering and IVA as a possible way forward you should know that we are the UK’s leading IVA advice company and have been offering it as one of the possible debt solutions that can help you get out of serious debt since 1997. Once we have evaluated your financial position using our trained debt counsellors and our ‘best advice model’ which helps us ensure you get the right solution for you, if an IVA is truly the best option you have, we’ll manage the process for you from beginning to end.
To find out more about IVA’s and our other debt solutions contact us today.
Debt Free Direct is officially the UK’s Number 1 IVA Company. A fact that we are proud of. However, we are committed to offering consumers our best advice, and if a Voluntary Arrangement is not the best debt solution, we will recommend a more suitable one.
Costs involved in an IVA
* Click on IVAs and Advice to find out about our charges
Debt Free Direct Limited, Registered Office: Eversheds House, 70 Great Bridgewater Street, Manchester, M1 5ES. Registered in England. Company number 04160038.
