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Manchester Debt Management and Debt Consolidation
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Abacus offer UK Residents Advice on Debt in Manchester including Altrincham, Ashton, Bolton, Carrington, Chorlton, Denton, Didsbury, Droylsden, Glossop, Gorton, Handforth, Heywood, Knutsford, Marple, Oldham, Prestwich, Rochdale, Royton, Salford, Stockport, Whitefield, Wigan, Wilmslow and Worsley.
Ways we can help»
Manchester 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 Manchester 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 Manchester as to their best option. more »
Repossession Help in Manchester
Abacus have call help homeonwers in Manchester 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 »
£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 |
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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 long does a Debt Management programme last ?
Until the debts are repaid in full. As your are making reduced payments, this will be longer than the terms of original credit agreements and may incur addition interest costs as the terms of the credit agreement is longer. However, normally interest charges are frozen when a debt becomes part of a debt management programme.As part of our initial consultation with you, we will provide you with an estimate of the likely time you will be on plan. Please understand that a debt management plan is not an overnight solution.
2. Are you lending me money to pay off my debts?
No. We do not lend you money nor pay off your debts. A debt management repayment plan allows you repay your loan and credit card debts at an a affordable rate. If you do not make payments into the plan, we do not make payments to your creditors and they have every right to take legal action against you, not us.3. What if my creditors continue to pursue me for payments ?
In the short term, while your debt repayment plan is being setup, your creditors may continue to take action to recover your debts. Do not ignore them. Deal with calls politely, informing creditors that you have appointed ourselves to act on your behalf. Please forward any letters to us to deal with on your behalf. Generally speaking, creditors are normally synthetic to those in difficulties and doing they up most to maintain reduced payments by using a debt management company.[Hereford and Worcester] [Lincolnshire] [Lancashire] [South Yorkshire] [Devon] [Surrey] [Norfolk] [Cambridgeshire] [Leicester] [Wiltshire] [Staffordshire] [Humberside] [Gwent] [Derbyshire] [Leeds] [Kingston upon Hull] [Merseyside] [Glasgow] [Bedfordshire] [Buckinghamshire] [Belfast] [Essex] [Clwyd] [Somerset] [Nottingham] Debt Management Altrincham, Debt Management Ashton, Debt Management Bolton, Debt Management Carrington, Debt Management Chorlton, Debt Management Denton, Debt Management Didsbury, Debt Management Droylsden, Debt Management Glossop, Debt Management Gorton, Debt Management Handforth, Debt Management Heywood, Debt Management Knutsford, Debt Management Marple, Debt Management Oldham, Debt Management Prestwich, Debt Management Rochdale, Debt Management Royton, Debt Management Salford, Debt Management Stockport, Debt Management Whitefield, Debt Management Wigan, Debt Management Wilmslow, Debt Management Worsley,