Debt Solutions


Individual Voluntary Arrangements

Individual Voluntary Arrangements
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Debt Management Companies

Debt Management Plans
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Debt Consolidation

Debt Consolidation
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Bankruptcy

Bankruptcy
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Comparison table for different solutions to debt problems

The chart below illustrates a summary of possible debt solutions;
If you think an IVA might be right for you why not check out the IVA Pros and Cons as well?

  IVA Bankruptcy Debt Man. Debt Con.
Will the interest be stopped? Yes Yes No No
Will charges be stopped? Yes Yes No No
Will part of my debt be written off? Yes Yes No No
Will my debts be cleared over an agreed period? Yes Yes No No
Will my creditors stop chasing me for payment? Yes Yes No No
Will I keep in control of the situation? Yes Yes No No
Will I avoid the stigma of bankruptcy? Yes No Yes Yes
Will I be able to keep my house? Yes No Yes Yes
Is the procedure confidential? Yes No Yes Yes
Is my problem kept out of the local newspaper? Yes No Yes Yes
Is the service provider professional qualified, a specialist in consumer debt and licensed? Yes Yes No No
Number of Yes’s
11
7
4
4

* Before we can identify which one is the best solution for you, we will need more information.
Call our debt centre on:
0800 1777 197

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