Debt Help Stoke

Speak to an expert to discover all the debt solutions available to you.

Safe, secure & confidential

Advice is free but fees and disadvantages may apply if you enter a debt help solution.
May not be suitable for all.

Help also available at MoneyHelper

Affordable Debt Help Solutions for Stoke Residents

Debt Help Stoke
Welcome to Debt Help Stoke, where we understand the challenges of managing debt. Our tailored solutions like Debt Management Plans, IVAs, DROs, and Bankruptcy can help you regain control of your finances. Explore our services with no judgment and seek professional advice to find the best path to financial stability.

Make one affordable monthly payment to us and we’ll manage the payments to your creditors for you.

We deal with your lenders on your behalf, taking care of all the hassle and paperwork.

Check if you qualify

How do I get started?

Answer a few quick questions

Use our easy online questionnaire to start the debt help process.

Speak to a debt specialist

Our friendly, experienced team will explain all the available options.

Choose your plan

Select the best solution for your circumstances and lifestyle.

Check if you qualify

What debt are you most concerned about?

Credit Cards

Over Drafts

Unsecured Loans

Store Cards

Personal Loans

Utility Bills

Business Debt

Catalogues

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Advantages of a DMP

We will manage the contact with your creditors and provide them everything they need. So, as long as you keep in touch with us, your creditors shouldn’t need to contact you.

You will just make one monthly payment to us, instead of paying all of your creditors individually.

In the vast majority (99.48%) of cases, creditors will stop applying interest and charges, so the money you pay will come straight off the balance.

You will have an online account which you can use to view your account and make changes.

If your circumstances change, we will renegotiate the payments with your creditors.

Disadvantages of a DMP

Your creditors don’t have to agree to the repayment, or to freeze interest and charges.

A debt management plan doesn’t protect you from further recovery or legal action from your creditors.

Your credit rating will be impacted because you’ll be paying reduced amounts to each creditor. If you’ve been missing payments to your debts it is likely that your credit report will already have been impacted.

Check if you qualify

Debt Help Stoke
Bankruptcy can be a viable debt solution for individuals in the UK facing overwhelming financial challenges. It involves declaring insolvency, with assets potentially being sold to repay creditors. While it offers a fresh start, it comes with consequences like affecting credit scores and restricting future borrowing. Seek professional advice to understand if bankruptcy is right for you.

Check if you qualify

Debt Help Stoke
Individual Voluntary Arrangements (IVAs) offer a structured repayment plan to individuals in the UK struggling with debts. It allows for affordable monthly payments and potential debt write-offs after successful completion. While it can impact credit ratings, it provides a clear path to financial recovery. Consult with experts to determine if an IVA is right for you.

Check if you qualify

Debt Help Stoke
Debt Relief Orders (DROs) are designed for individuals in the UK with low income, little assets, and debts they can’t repay. It freezes debts for a 12-month period, offering relief and a fresh start. However, it comes with limitations like affecting credit ratings. Consult with experts to determine if a DRO is the best option for your circumstances.

Check if you qualify

Debt Help Stoke
A Debt Management Plan (DMP) is a structured repayment plan tailored to individuals in the UK struggling with unmanageable debts. It allows for affordable monthly payments and helps negotiate with creditors to freeze interest and charges. While it can improve financial stability, it may impact credit ratings. Explore professional debt advice to see if a DMP suits your situation.

Check if you qualify

How does it work?

Let’s say you owe…

Debt Type	Amount
Bank Loan	£5,366.00
Gas Bills	£129.00
Pay Day Loan	£1,989.00
Overdraft	£1,234.68
Debt Collection Agency	£380.16
Short Term Loan	£243.88
Debt Collection Agency	£471.61
Council Debt	£1,009.24
Credit Card	£8,433.00

Total amount owed

£19,256.57

After an IVA

65%
debt written off

IVA Payments
£110
per month

Check if you qualify

Example case completed in 2023. Repayment calculated using income and expenditure data. Monthly payments and write off percentages are based on individual circumstances.

Debt Help Stoke in Stoke offers tailored debt solutions including Debt Management Plans, IVAs, DROs, and Bankruptcy for individuals facing financial challenges. Explore your options today.