Call our debt helpline:

0800 157 7254

Existing customers helpline:

0800 093 5322

DEMSA OFT

IVA Example

Here's how an IVA can help make debt affordable.

Current Unsecured debts: Monthly repayment: £450 Total owed: £25,000
Within an IVA agreement: Monthly repayment: £200 Total repaid by borrower: (inc. fees and costs) £12,000

Our customers

No more hassle from creditors and help is always on the other end of the phone. I am not pressured into clearing the debt quicker, although of course it recommended, it is purely at my own pace and affordability. I have my life back. Brilliant.

Ms Sonia M.

Why Debt Advisory Line?

We aim to reduce debt in the shortest possible time. We are members of DEMSA - (The Debt Managers Standards Association). We adhere to the code of conduct as set out by DEMSA which aims to protect the interests of both consumers and lenders. The DEMSA code of practice is approved under the OFT (Office of Fair Trading) Consumer Codes Approval Scheme (CCAS).

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Bankruptcy advice
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Debt Advice from Debt Advisory Line

Advice about bankruptcy

Getting out of debt is a daunting task, but help is at hand with expert bankruptcy advice from Debt Advisory Line. To declare bankruptcy remains a viable option for some. We offer specialist support for bankruptcy and sequestration (in Scotland):

  • We can assist you in the administration of your bankruptcy process.
  • We may also recommend alternatives like an IVA, or a debt management plan /debt consolidation dependent on your circumstances.

Bankruptcy Service, Customer Feedback: – Peter from Warrington May 2011
‘..thanks once again for all your help with this,
you’ve made a quite harrowing process far easier to deal with”.

 

Review your options - is bankruptcy your only option?

Usually bankruptcy petitions are presented by a creditor who is individually or jointly owed £750 or more. Click here for more on the process of becoming bankrupt. Below are other services for avoiding bankruptcy.

Other than filing for bankruptcy your debt help options may include:

  • Debt Management Plans
  • Individual voluntary arrangements (IVA)
  • Trust deeds (Scotland only)

 

Debt problems? Can't pay off loans and mortgages?

Are you considering, declaring bankruptcy to repay your debts?

Call Debt Advisory Line today on 0800 157 7254 to find out which debt solution could be best for your circumstances.

  • We'll give you personal bankruptcy advice and recommendaton on whether bankruptcy (Sequestration in Scotland) is right for you.  We can also show you other options to avoid bankruptcy. Find out if bankruptcy really is your only option.
  • Our Expert and Professional bankruptcy advice helps you with professional advice. Options available to you may incluide a debt management plan or an IVA. We understand that you might have to resort to bankruptcy for a number of reasons, but the good news is that we have all the information and advice you need.

Consider all your options with expert bankruptcy advice.

Get online Bankruptcy Help and Advice by Completing our online Form!