Write off your debt

Wouldn't it be great if you could write off up to 70% of your debt at a stroke from the comfort of your armchair. This is not a dream, it really is possible.

A debt management plan, or IVA, can write off debt at various proportions up to around 70%. The exact amount will depend on your circumstances such as total debt and number of creditors.

The advantage of debt write off is that your total debt is reduced before renegotiating monthly payments. This means that your payments are sure to go down.

Allied to an interest freeze writing off a proportion of your debt will lead to more comfortable payments, and, ultimately, becoming debt free.

For more information or to make an online enquiry please complete our form (right) and we'll contact you with professional debt help.

Write off debt drawbacks?

Whilst your monthly repayments will be lower, because you are not paying off the full amount of the debt it will have a negative impact on your credit rating. This is not forever and, if you get back on your feet and debt free it can be repaired.

If you feel the positive effects of lower repayments and a debt free future outweigh the negatives you should complete our online enquiry form (right).

Finding the right debt solution

The main option which does not involve debt write off is a debt consolidation loan. This involves paying off your debts in full. This will inevitably be more costly and, at the current time, debt consolidation loans are not easy to find or be approved for.

We are happy to help you find a debt consolidation loan if you prefer this to writing off your debts, just contact us for more information.