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Wales Debt Management and Debt Consolidation
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Abacus offer UK Residents Advice on Debt in Wales including Aberystwyth, Blaenau Gwent, Bridgend, Caerphilly, Cardiff, Carmarthenshire, Ceredigion, Clwyd, Conwy, Gwent, Isle of Anglesey, Merthyr Tydfil, Neath Port Talbot, Newport, Powys, Vale of Glamorgan and Wrexham.
Ways we can help»
Wales 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 Wales 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 Wales as to their best option. more »
Repossession Help in Wales
Abacus have call help homeonwers in Wales 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 »
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 |
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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. Must creditors accept reduced payment offers ?
Legally, creditors don't have to accept offers of repayment below the contracted minimum. However, they know it is pointless demanding money from someone who simple can't afford it. In our experience they will accept reduced repayments where we are able to demonstrate your offer is reasonable and that you are committed to repay your debts by use of a debt management company such as ourselves.2. One of my Creditor say they are going to send a bailiff round to collect their money, can they do this?
Certainly not. A bailiff can only be instructed and sent by a County Court or Sheriffs office. This means a bailiff can only call if you default on a court order. A debt collector may try to trick you by saying, “if you don’t pay this bill, we could send a bailiff round” this is not true unless you have defaulted on an earlier court order.3. Should i ignore contact from my creditors now you are managing credit repayments?
No, under guidelines issued by the Office of Fair Trading, we are not allowed to advise you do this. It may be the case the a particular debt management company is incompetent and not making correct payments. The creditors would need to be able to advise their client of this. Should they contact you, listen to what they have to say and politely tell them Abacus are now handling your finances are refer them to ourselves.[Cornwall] [Kingston upon Hull] [West Yorkshire] [Nothern Ireland] [Glasgow] [Scotland] [Derbyshire] [Dorset] [Leicester] [Isle Of Man] [Plymouth] [Somerset] [Suffolk] [Surrey] [Essex] [Birmingham] [Cardiff] [Hertfordshire] [Staffordshire] [Hereford and Worcester] [Clwyd] [Devon] [Lancashire] [Lothian] [South Yorkshire] Debt Management Aberystwyth, Debt Management Blaenau Gwent, Debt Management Bridgend, Debt Management Caerphilly, Debt Management Cardiff, Debt Management Carmarthenshire, Debt Management Ceredigion, Debt Management Clwyd, Debt Management Conwy, Debt Management Gwent, Debt Management Isle of Anglesey, Debt Management Merthyr Tydfil, Debt Management Neath Port Talbot, Debt Management Newport, Debt Management Powys, Debt Management Vale of Glamorgan, Debt Management Wrexham,