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Debt Credit Management
Debt Credit Management is a skill which requires considerable experience and expertise. If you require help with this, Contact us now.
If you are in debt, or require help in managing credit, contact Alphabet today for free, impartial advice.
There are a number of solutions to debt problems and these include:
1. A Debt Administration Order
This is an administration order of the court for less then £15,000 of unsecured debt, which is owed to at least two different creditors. The debts are consolidated into one monthly payment and distributed amongst the creditors.
2. Debt Consolidation Loan
This may allow you to consolidate your debts into a more manageable single monthly repayment.
Contact Alphabet today to see whether we can assist you, regardless of your credit history.
3. Debt Management
It may be that you simply require assistance in managing your creditors and working out a sensible monthly repayment plan.
Contact Alphabet today to organise a debt management plan that best suits your needs and requirements.
4. IVA
An IVA or Protected Trust Deed is a formal legally binding arrangement for persons with debts of over £15,000 who wish to avoid bankruptcy or repossession of their home.
Contact us today to see how an IVA may help you.
5. Bankruptcy
Becoming bankrupt may be the best and most cost-effective way of solving your debt problems, but because it has a lot of negative consequences, it’s usually considered to be the last resort.
If you become bankrupt, notice of your bankruptcy will be publicly filed in newspapers and you may have your home repossessed and have difficulties in obtaining credit in the future, even after the bankruptcy has been completed.
If you are facing or considering bankruptcy, whether as an individual or as a business, Alphabet will be able to direct you to an expert who can help.
