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Comparison table of debt solutions
 

Examples of Debt Solutions

I have a serious debt problem, over £15,000, and I don't know what to do.
The following table gives a comparison of the solutions available to you ...

 

Question

IVA

Debt Management

Debt Consolidation

Bankruptcy

Will my debts be cleared within an agreed period?

Yes

No

Yes

Yes

Will interest be frozen?

Yes

No

No

Yes

Will charges be frozen?

Yes

No

No

Yes

Will part of my debt be written off?

Yes

No

No

Yes

Am I protected from my unsecured creditors?

Yes

No

No

Yes

Will I be able to avoid selling my home?

Yes

Yes

Yes

No

Are all my creditors legally bound to write off the debt I cannot afford to repay?

Yes

No

No

No

Are the creditors that don't want to help me forced to write off debt?

Yes

No

No

No

Will I be seen as doing the right thing by my creditors?

Yes

No

Yes

No

Will my creditors stop chasing me for payment?

Yes

No

Yes

Yes

Do I retain control of the situation?

Yes

No

Yes

No

Is it a confidential procedure?

Yes

Yes

Yes

No

Will I avoid the stigma of bankruptcy?

Yes

Yes

Yes

No

Is the service provider a specialist in consumer debt, professionally qualified and licensed?

Yes

No

No

Yes
 
 

 
Name

Surname

Phone number

Mobile number

House number

Post code

Email address

Total unsecured credit

Are you a home owner?
yes no

When should we call you

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