Debt Advice & Debt Solutions

If you’re struggling with debt problems and being threatened with legal action – rest assured you’re not alone. Money Management People understands that debt has become a fact of life for many people. There may be no easy solution to debt management but the sooner you take action, the better.We offer a number of debt and insolvency services to set you on the road to a debt-free future.

Debt Solutions:

Money Management People offer free debt advice and have arranged thousands of debt solutions on behalf of our customers.
Our debt solutions include Individual Voluntary Agreements (IVAs, Trust Deeds (PTDs) and debt management plans.
We tailor all our debt management programmes to the personal and financial circumstances of our clients. Call our team of debt advisors now for expert debt advice, free, on 0800 043 0106.

IVA:

If you have debts over £15,000 you could qualify for a MoneyManagement People IVA. An IVA is a formalised debt solution, originally from Government legislation, which offers a viable alternative to bankruptcy. An IVA agreement you must commit to making payments, which you can reasonably afford, for a typical period of 60 months. After completing the term the remaining debt is legally written off.

Trust Deed:

A Trust Deed is a formal agreement with your creditors where a debtor grants a deed in favour of the trustee, transferring their assets to the trustee for the benefit of creditors. A Trust Deed takes the pressure off all correspondence and the Trustee deals with queries from creditors. It puts the debtor rather than the creditor in control of the debtors’ financial situation and is less costly and more flexible than bankruptcy. A Trust Deed also allows a debtor to fulfill certain public offices which wouldn’t be the case with bankruptcy.

Debt Management Plan:

If you are struggling with debt then our Debt Management Plan could be an ideal way for you to consolidate your unsecured loans, store cards and credit card debts into one low monthly payment. By reducing your outgoings to a single affordable amount it will be easier for you to manage your finances.

Free and Confidential Debt Advice:

We can advise you about the most effective way of managing your debt. Whatever you require contact Money Management People today on, 0800 043 0106 and take that first step to a debt-free future.