Consolidate Unpaid Utility Bills
Being in arrears with gas and electric is quite common, and energy bill debt collection agencies will usually start chasing this up after so long. It’s probably wiser to deal with this type of debt sooner rather than later, because what usually happens once the debt has been outstanding for so long is a debt collector will usually buy the debt from the provider and add there own charges. Also if you’ve been contacted by debt collectors by mail or telephone we may be able to stop this. We can help get a percentage of the debt written of, or worst case scenario pay back what you with no interest or charges. We can also help with other unsecured debt and help putting all your debts into one monthly payment . If your supplier has sent a disconnection notice, it has to be 28 days after they’ve issued a bill so it would be wise to check this.
Information For Energy Arrears
Find Solution To Deal With Debt
Free Debt Management Plans
Debt Management Plans are available across the UK. So regardless of where you live in the UK, if you’re struggling to keep up with payments to your debts. Also a DMP could help you to get your financial situation back on track.
Debt Consolidation Advice
Consolidating debt usually involves taking out new credit to pay off existing credit. Most people do this to reduce the interest rate on their debt, and to bring down their monthly payments. Also people consolidate to reduce the number of companies they owe money to each month.
Individual Voluntary Arrangement
An Individual Voluntary Arrangement (IVA) is an agreement with your creditors to pay all or part of your debts. You can agree to make regular payments to an insolvency practitioner, who will divide this money between your creditors.
Debt Relief Order Advice
A debt relief order can be a low cost alternative to bankruptcy, but is only available to certain people. If you owe than £20,000 and live in England, Wales or Northern Ireland then there is a chance you qualify. How it works you don’t pay anything towards your debts for 12 months – and the debt is written off.
Protected Trust Deed
A trust deed is a legally binding arrangement in Scotland where you make reduced payments over 4 years. Also at the end of this your unsecured debts are usually written off, and your debt show as paid.