Debts in the News
FSA: Consumer Credit Directive will not be extended
The Financial Services Authority (FSA) and the UK Treasury have announced that the Consumer Credit Directive (CCD) will not be extended to include mortgage loans. [more...]

Government to provide repossession help
Those affected by possible repossessions will be able to continue to go to the government for help. [more...]

Soaring oil prices to create debt problems?
Britons may be at increasing risk of debt and other financial difficulties because of hikes in oil prices, it has been claimed. [more...]

KPMG: Many are still experiencing serious financial trouble
Many people in Britain are experiencing financial difficulties, in spite of the fact that interest rates have reached record lows. [more...]

Derbyshire Debt Management and Debt Consolidation

Derbyshire Debt Management and Debt Consolidation

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Abacus offer UK Residents Advice on Debt in Derbyshire including Alfreton, Ashbourne, Bakewell, Barlborough, Baslow, Braunton, Castle Donington, Castleton, Chesterfield, Derby, Draycott, Draycott, Hathersage, Kegworth, Lockington, Matlock, Mickleover, Milford, Osmaston Park, Risley, Shardlow, South Normanton and Swadlincote.

Ways we can help»

Derbyshire 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 Derbyshire 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 Derbyshire as to their best option. more »


Repossession Help in Derbyshire

Abacus have call help homeonwers in Derbyshire 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:-

£58,000 of debt - but can't do an IVA.

Debt: £58,000 Was paying: £1267/month
Now paying: £300/month
Client has £200,000 equity in his home & unsecured debts of £58,000. His assets are more than his debts, but he can't pay 11 creditors from a monthly income of £1,060.
An IVA is not possible as his creditors would never agreed to forgive any debt when he could repay them in full by selling his property. The client does not want to remortage as he has recently become self employed and does not want to risk his home if that does not go to plan. Debt management will never pay off this debt, but it gives our client some respite from his creditors while he focuses on building his business without the fear or court action or losing his home.
static link to this case study: DMCaseStudy100.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. 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.

2. Can you guarantee a reduction in payments ?

No. Stating we can guarantee a reduction in payments is not something we are allowed to do under guidelines issued by the Office of Fair Trading.

It depends on your ability to pay and is at the discretion of your creditors. However, once we take a financial statement from your and explain the situation to your creditors, they will almost certainly agreed with our proposal.

3. Will the plan prevent my creditors taking further recovery action?

We cannot guarantee that your creditors will not take further action, including court action to recover debts from you but. If they do, we will help you respond so that any repayment that is required is within your ability to repay.

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Debt Management Alfreton, Debt Management Ashbourne, Debt Management Bakewell, Debt Management Barlborough, Debt Management Baslow, Debt Management Braunton, Debt Management Castle Donington, Debt Management Castleton, Debt Management Chesterfield, Debt Management Derby, Debt Management Draycott, Debt Management Draycott, Debt Management Hathersage, Debt Management Kegworth, Debt Management Lockington, Debt Management Matlock, Debt Management Mickleover, Debt Management Milford, Debt Management Osmaston Park, Debt Management Risley, Debt Management Shardlow, Debt Management South Normanton, Debt Management Swadlincote,

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