debt help

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Debt Help Compare

• Debt Management Alternatives
• Debt Help
• IVA - Individual Voluntary
• Consolidation Loans
• PTD Protected Trust Deeds
• Bankruptcy 

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Debt Help
Looking for someone who is seriously struggling
from the complications of debt is quite easy
nowadays. Entering into the problem of a debt is
quite easy but finding a way to get you out of it
is not that easy. The task can be really
challenging and stressed out. If you are about to
begin with a new business, then the load of
bills, the expenses of your credit cards and
other types of expenditure may force you to end
up in applying for the debt form a bank.
Moreover, there is nothing harm in it, in fact,
most of the businessmen claim that it is better
take the guidance and assistance from the debt
management organizations. With a business Debt
Help, you would be able to make the full use of
your money efficaciously. Hiring a professional
financial advisor will also help you to find some
alternatives to clear your debts as soon as
possible.  
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Debt Management

• The first step of debt management is the
  acceptance of the situation and a resolve to face
  it. Running away from it by avoiding the
  creditors calls and not answering mails wont
  help in any way. A letter or note of
  acknowledgment to the creditor regarding your
  debts and assuring them of your efforts to
  address the problem would go a long way in this
  process. Of course it would be very helpful if a
  token payment is included along with the letter
  even if its a small amount it expresses the
  integrity and commitment of the debtor. A
  possible explanation of the financial situation
  and altering of the plans may even lead to some
  relief like lowering of the interest rates at
  times such steps are met with more understanding
  than what one could possibly believe from a
  credit institution.

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Consolidation Loans

• Consolidation Loans normally come in the form of
  Equity Release, which means if you do not have
  enough equity or you are not a home owner then a
  consolidation loan it not an option. It is
  possible to have an unsecured consolidation
  loan but you credit history must be perfect,so no
  missed or late payments.
•  One monthly payment
•  Improve credit rating
•  Normally better interest rate
•  Easy to manage
  

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PTD Protected Trust Deeds

• A Trust Deed (Protected Trust Deed) and the
  Scottish equivalent of an IVA but there are a few
  subtle differences 
•  Write off up to 90 of the debt
•  Freeze interest and stop charges
•  Stop letters and phone calls
•  Finish the plan in 36 months

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Individual Voluntary Arrangement

• An IVA ( Individual Voluntary Arrangement is a
  formal route to repay your debt using one monthly
  affordable payment. Once the IVA has been
  accepted, the creditors will agree to 
•  Write off up to 75 of the debt 
•  Freeze interest and stop charges 
•  Stop letters and phone calls 
•  Finish the plan in 60 months

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Bankruptcy

• Bankruptcy is and always will be the last resort
  to solve a debt situation and you must be fully
  informed before deciding on this
  option.Bankruptcy can last anywhere between 12 to
  120 months, but all your debt is written off and
  the stress of the debts will vanish. 
•  Removes the stress caused by debt
•  Normall lasts for 12 months
•  Can lower your monthly payment
•  When finished you will be debt free

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Debt Help Compare

• Contact Us
• Madison FinancialEaton Place114 Washway
  RoadSaleManchesterM33 7RFt 0845 838 1892e
  info_at_madisonfinancial.co.ukw http//www.debthelp
  compare.co.uk