Debt Help Sunderland

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 Sunderland – Support with Debt

Debt Help Sunderland
Welcome to Debt Help Sunderland. We understand the challenges of managing debt and offer tailored solutions for your financial well-being. Explore our services like Debt Management Plans, Individual Voluntary Arrangements, Debt Relief Orders, and Bankruptcy in a supportive environment. Seek professional advice without judgment.

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 Sunderland
Bankruptcy can be a viable debt solution for individuals in the UK facing overwhelming financial challenges. It involves declaring insolvency, allowing a fresh start. Although suitable for some, it’s crucial to understand the implications for credit scores, assets, and future borrowing. Seek professional advice tailored to your circumstances without judgment.

Check if you qualify

Debt Help Sunderland
Individual Voluntary Arrangements (IVAs) provide a structured approach to resolving debts in the UK. It’s crucial to understand eligibility, the application process, and the implications on credit ratings and assets. Seek expert guidance on Individual Voluntary Arrangements to determine the best path forward.

Check if you qualify

Debt Help Sunderland
Debt Relief Orders (DROs) offer a debt solution for eligible individuals in the UK seeking financial relief. With debts frozen for 12 months, it’s important to understand the process and consequences. Seek professional advice on Debt Relief Orders to make informed decisions.

Check if you qualify

Debt Help Sunderland
A Debt Management Plan (DMP) offers a structured approach to manage debts in the UK. Tailored to individual needs, it involves affordable payments to creditors. While beneficial, be aware of potential impacts on credit scores and borrowing. Seek expert advice on Debt Management Plans to explore suitable options.

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.

Expert debt solutions in Sunderland with Debt Help Sunderland. Explore tailored options like Debt Management Plans, IVAs, DROs, and bankruptcy. Supportive advice available.