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Wolverhampton Debt Management and Debt Consolidation
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Ways we can help»
Wolverhampton 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 Wolverhampton 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 Wolverhampton as to their best option. more »
Repossession Help in Wolverhampton
Abacus have call help homeonwers in Wolverhampton 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. 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.2. What do you charge for this service?
So that we can initially set up your programme and negotiate with your creditors, your 2 month's payment covers our implementation costs. From this we make token payments to creditors. After that, our ongoing administration charge is 17.625%. This is included in your agreed to be affordable monthly payments - not added on top.3. 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.[Glasgow] [Belfast] [Shropshire] [Isle Of Man] [Merseyside] [West Yorkshire] [Birmingham] [Lancashire] [East Sussex] [Bradford] [Dorset] [Nottingham] [Cleveland] [Essex] [Cornwall] [Clwyd] [Lincolnshire] [Buckinghamshire] [Lothian] [Tyne and Wear] [Cardiff] [Liverpool] [Ilse of Wight] [Bristol] [Edinburgh]