Debt relief order Archives - Call The Stepchange IVA and DMP Advisor IP IVA Start with 70 £

What are the benefits debt management company in UK gives?

There are numerous benefits of hiring a debt collector/ debt management company in the UK as it gives the benefits of managing your debt as well as designing proper strategies which can help in making your financial status strong. There are many times when one has to go for taking debt and loan for the… Continue reading What are the benefits debt management company in UK gives?

How To Apply For A Debt Relief Order UK.

A debt relief order or DRO is one of the simplest ways to waive off your debts. This is a pretty effective way that helps to reduce your debt if you have a relatively low amount of debt and also consist of some amount of assets simultaneously. If you qualify the criteria, you can have… Continue reading How To Apply For A Debt Relief Order UK.

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This website www.thestepchange.com is in no way related to Step Change Debt Charity or approved by the Government. However, the product (IVA) which we specialise in, is processed and managed by Insolvency Practitioners under the following legislation: The Insolvency Act of 1986 (amended by the Insolvency Act 2000 and the Enterprise Act 2002) introduced a new procedure whereby a debtor could come to an arrangement with his/her creditors to pay his/her debts in full or in part over time as an alternative to bankruptcy. The Insolvency Service, an independent government agency, has produced a guidance leaflet on dealing with your creditors. In some cases and with some debt solutions a proportion of debt can be written off. The amount written off will depend on your circumstances, income, level of affordability, assets and the current write-off policy of your creditors.

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