Debt Help Exeter

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

Debt Help Exeter – Debt Relief Assistance

Debt Help Exeter
Welcome to Debt Help Exeter, where we offer tailored debt solutions to individuals in need. We understand the challenges of managing debts and offer a range of services like Debt Management Plans, Individual Voluntary Arrangements, Debt Relief Orders, and Bankruptcy. Our aim is to provide support without judgment, focusing on your financial stability and long-term well-being. Explore your options with us today.

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 Exeter
Bankruptcy is a legal process in the UK for individuals struggling with unmanageable debts. It is suitable for those with significant debts they cannot repay, providing a fresh start by clearing most debts. The process involves declaring bankruptcy, which involves a court order to deal with debts, assets, and finances. While it offers relief from overwhelming debts, there are drawbacks like affecting credit scores, limiting access to credit, and potentially losing assets. Seek professional advice to understand if bankruptcy is the right solution for your financial situation.

Check if you qualify

Debt Help Exeter
An Individual Voluntary Arrangement (IVA) is a formal agreement between you and your creditors to repay debts over a specific period, typically five to six years. It is suitable for individuals struggling with unmanageable debts, offering a structured repayment plan. While an IVA can write off a portion of your debts, it may impact credit ratings and borrowing. Seek professional debt advice to assess if an IVA is the right solution for you.

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Debt Help Exeter
A Debt Relief Order (DRO) is a formal insolvency process in the UK tailored for individuals with low income and minimal assets. It freezes debts for 12 months, after which they may be written off. While it provides relief from unmanageable debts, it can affect credit ratings and borrowing capabilities. Seek professional advice to determine if a DRO is the right debt solution for your specific situation.

Check if you qualify

Debt Help Exeter
A Debt Management Plan (DMP) in the UK is a structured repayment plan for individuals facing debt challenges. It is suitable for those struggling to meet monthly repayments, offering a consolidated payment to creditors based on affordability. While it helps manage debts effectively, drawbacks may include extended repayment periods and potential impact on credit ratings. Seeking professional debt advice is crucial to explore the suitability of a DMP for your financial circumstances.

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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 Exeter – Offering tailored debt solutions in Exeter, UK, including Debt Management Plans, IVAs, and Bankruptcy. Seek professional advice for your financial well-being.