Debts in the News
822 pensioners each day enter into poverty
The number of pensioners living below the poverty line in the UK has rises to 2.5 million in June 2008, the first increase since 1998. [more...]

Mortgage Lending Down 19% as Cost of Mortgages Rises.
Mortgage lending remained slow in May 2008 with total lending down 19% over the year, says they from the Council of Mortgage Lenders (CML). Tightened lending criteria and falling confidence in the housing market contributed to a £5bn fall in the value of mortgages advanced - from £31.5bn in May 2007 to £26.5bn last month. The CML said the Bank of England's data on mortgage approvals for hous [more...]

An Ethical Current Account

A viewer of BBC2's Working Lunch TV programme asked if any UK bank offers an ethical current account. The answer was yes, but presently only one bank provides such a service. [more...]

Beware of Loan Applications on Finance Comparison Sites
The temptation on a Money Comparison website is to always apply for the lowest APR loans. However if you don't have a very good credit history, this could make it worse. [more...]

 Debt Management Hungerford, Berkshire

Debt Management Hungerford, Berkshire

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Abacus offers Free Advice on Debt for peeole in Hungerford

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Hungerford Debt Management Company

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 you 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 advice as to your best option. more »


Repossession Help in Hungerford, Berkshire

Abacus have experience in managing to stop home repossessions in Hungerford, Berkshire, even those on the very brink of personal disaster. 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.

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Example Debt Management Cast Study:-

IVA not a option due to unstable employment history.

Debt: £21,325 Was paying: £450/month
Now paying: £300/month
This client lost his job and was out of work for several months. He began to live on credit and the balance grew to £21,325. The client started a new job month ago, but must serve a 3 month probation period.

He has a value of debt that makes him eligible for an IVA. However, the fact that he had just started a new job and has recently had a period without work means this option is not currently available to him.

Creditors need to be confident that payments into the IVA will be made at the agreed rate each and every month for 5 years. A Debt Management programme is more flexible in this respect and suits this clients current situation.
static link to this case study: DMCaseStudy12.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 are your charges collected?

Every time we make a round of payments to your creditors on your behalf, we deduct our fee for that distribution. If we do not make a distribution, we do not take our fee.

2. Can i exclude a particular debt or credit card from my programme ?

No, the principal reason debt management allows reduced payments is that all creditors are treated equally. By excluding one debt, then you are showing favoritism and your other creditors will not agree to this and my resort to court action

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.

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