Personal Debt Consultants, depending on your circumstances, I can offer various solutions to your situation.
Debt Management Plans
A debt management plan is an informal agreement between you and your creditors where you agree to make an affordable monthly payment to repay your unsecured debts. I will assess your income and outgoings and ultimately prove to your creditors that you cannot meet all of your payments.
I will then negotiate and agree a new affordable monthly payment.
Individual Voluntary Arrangement (IVA)
An IVA is a legally binding arrangement with your creditors which allows you to repay your debts in affordable monthly payments over a period of time, usually 5 years. An IVA can stop any of your assets being taken into possession by your creditors.
Credit Agreements must comply with a host of legislation and it is a very heavily regulated agreement. Specifically they must meet the legislation of the Consumer Credit Act of 1974, 2006 and Unfair Relationship legislation. These acts look specifically at:
Consumer Credit Act 2006
If you have credit agreements they may be unfair or unenforceable.