Debts in the News
Sharp Rise in Repossessions.
Repossessions were up 40% in the first three months of 2008, compared to the previous year – and things look set to get worse. [more...]

Number Of People Going Bust On The Decrease
The number of people declared insolvent in England and Wales fell slightly in the 2nd quarter of 2008. Being declared insolvent mean become bankrupt or entering into an IVA. [more...]

How Long Before You Run Out Of Cash?
The average person's savings would last for 52 days if other income ceased, a report by the Yorkshire Building Society has suggested. [more...]

The average household is 15% worse off than in 2003
Consumer spending power has fallen dramatically due to rises in the cost of living according to a report by Ernst & Young. [more...]

Cumbria Debt Management and Debt Consolidation

Cumbria Debt Management and Debt Consolidation

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Abacus offer UK Residents Advice on Debt in Cumbria including Alston, Ambleside, Appleby-in-Westmorland, Barrow-in-Furness, Bowness-on-Windermere, Buttermere, Caldbeck, Carlisle, Cartmel, Cockermouth, Coniston, Dalton-in-Furness, Eamont Bridge, Gosforth, Grange-over-Sands, Grasmere, Hawkshead, Kendal, Kentmere, Keswick, Kirkby Lonsdale, Kirkby Stephen, Kirkoswald, Low Crosby, Maryport, Millom, Milnthorpe, Newby Bridge, Penrith, Ravenglass, Sedbergh, Shap, St. Bees, Staveley, Ulverston, Whitehaven, Wigton, Windermere and Workington.

Ways we can help»

Cumbria Debt Management

Debt Management can reduce your monthly repayments by up to 70%. All existing credit cards, loans and other problem debts are consolidated into one lower monthly payment. Submit the Instant Advice form and we'll explain how you may be able to pay back less than you owe, but still clear all your debts. more »


Debt Consolidation Loans

Refused a Loans ? We can help people in Cumbria find a secured or unsecured debt consolidation loan. Even if you have bad credit, a County Court Judgment (CCJ) or have bad credit and been declined a loan already, we can help. We specialise in Debt Consolidation solutions of all types, offering free debt advice to residents of Cumbria as to their best option. more »


Repossession Help in Cumbria

Abacus have call help homeonwers in Cumbria avoid repossessions. We can help if you are a homeowner with mortgage arrears, council tenant or with a housing association. It's never too late to get help. more »

Bankruptcy Advice & IVAs

Avoid Bankruptcy. An IVA may be the solution. This is a legal process offering an alternative to bankruptcy to those with unsecured credit repayments they can't afford. Become debt free in 60 months with up to 70% of all debts written off. Impartial advice, free consulation. more »

Debt Help Information & Guides

A series of informative articles to help and advise UK Citizens who are experiencing financial problems. more »

"We can be managing all your debts within 24 hours"

Debt Management Examples

Our database of real debt managament case studies shows how debt management helps people with wide range of financial and personal circumstances.

View Debt Management Case Studies »

Most Recent Cast Study:-

CSA payments make creditor repayments unaffordable.

Debt: £28,000 Was paying: £850/month
Now paying: £400/month
Client has an income £1480 per month, and was able to manage repayments on debts of £28,000 while living with his partner and child. The relationship broke down and the client was still able to afford repayments until CSA demanded over a 3rd of his income. Now unable to keep up with the repayments, debt management is the only option. An IVA is not possible as he has only 2 creditors. He is not a homeowner so can't get an unsecured consolidation loan for such a large amount.
static link to this case study: DMCaseStudy15.asp

Debt Management FAQ

Got a question about our debt management service?
View Debt Management FAQ »

3 Random Q&A's from the database:-

1. How much will my debt management payments be ?

It depends on your ability to pay based on your income and essential outgoings, not the total debt or current repayment levels. We agree with your creditors a reasonable amount you can afford allowing for some left over for emergencies. Minimum payments are £100 per month or £25 per week.

2. Can anyone with debts enter into a debt management programme ?

No. You must have at least 2 creditors and demonstrate that you are struggling to met current payment levels.

3. Can I do debt management if I already have CCJ's against these debts ?

Yes. You can even use the plan to make payments against any existing CCJ's that you have. Just make sure that we know exactly what your current situation is when you talk to us before coming on plan.

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Debt Management Alston, Debt Management Ambleside, Debt Management Appleby-in-Westmorland, Debt Management Barrow-in-Furness, Debt Management Bowness-on-Windermere, Debt Management Buttermere, Debt Management Caldbeck, Debt Management Carlisle, Debt Management Cartmel, Debt Management Cockermouth, Debt Management Coniston, Debt Management Dalton-in-Furness, Debt Management Eamont Bridge, Debt Management Gosforth, Debt Management Grange-over-Sands, Debt Management Grasmere, Debt Management Hawkshead, Debt Management Kendal, Debt Management Kentmere, Debt Management Keswick, Debt Management Kirkby Lonsdale, Debt Management Kirkby Stephen, Debt Management Kirkoswald, Debt Management Low Crosby, Debt Management Maryport, Debt Management Millom, Debt Management Milnthorpe, Debt Management Newby Bridge, Debt Management Penrith, Debt Management Ravenglass, Debt Management Sedbergh, Debt Management Shap, Debt Management St. Bees, Debt Management Staveley, Debt Management Ulverston, Debt Management Whitehaven, Debt Management Wigton, Debt Management Windermere, Debt Management Workington,

[Consolidate Debt] [Areas Covered]

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