Must Try 5 Options for Paying off your Debts in UK - PowerPoint PPT Presentation

About This Presentation
Title:

Must Try 5 Options for Paying off your Debts in UK

Description:

There are many debt management companies that provide many debt repayment options in London, but it is important to choose the right debt management company. Acme Credit Consultants Ltd. can help you get out of debt by negotiating with your creditors and assisting you in developing a repayment plan. Call us 0203 318 0990 – PowerPoint PPT presentation

Number of Views:3

less

Transcript and Presenter's Notes

Title: Must Try 5 Options for Paying off your Debts in UK


1
Acme Credit Consultants Ltd
  • Debt Management Company in UK

CALL US 07779648018
VISIT NOW www.acmecredit.co.uk
2
5 Options for Paying off your Debts
  • No matter how you got into debt, you'll need a
    strategy to get out of it. You must make some
    difficult choices if you want to pay off your
    debt. Here are some options for paying off your
    debts.
  • Individual Voluntary Arrangement (IVA)
  • Bankruptcy
  • Debt Consolidation
  • Full and Final Settlement
  • Debt Respite Scheme

CALL US 07779648018
VISIT NOW www.acmecredit.co.uk
3
Individual Voluntary Arrangement (IVA)
  • An Individual Voluntary Arrangement (IVA) is an
    agreement between you and your creditors in which
    you agree to pay all or a portion of your debts.
    Throughout the duration of the IVA, the
    insolvency practitioner will deal with your
    creditors.
  • FAQs
  • Can I have a debt management with an IVA?
  • How do I apply for an IVA?

4
Bankruptcy Advice Solution
  • Bankruptcy is a legal procedure that allows you
    to discharge all or a portion of your unsecured
    debts. When you file for bankruptcy, the court
    automatically issues a stay order. This requires
    that your creditors stop contacting you, and the
    eviction process is stopped. This provides you
    time to organize your money or pay off debt.
  • FAQs
  • Does bankruptcy clear HMRC debt?
  • What happens when you go into insolvency?

CALL US 07779648018
VISIT NOW www.acmecredit.co.uk
5
Debt Consolidation
  • Through debt consolidation, individuals can pay
    off all of their debts with a personal lender and
    a single monthly payment. Additionally,
    consolidation may result in a cheaper interest
    rate and provide an opportunity to work out a
    better repayment schedule for some debts.
  • FAQs
  • Does debt consolidation affect your credit score?
  • Is it a good idea to consolidate debts?

CALL US 07779648018
VISIT NOW www.acmecredit.co.uk
6
Full and Final Debt Settlement
  • You can arrange a full and final settlement of
    your debts if you've received a large sum of
    money and want to repay your creditors. Depending
    on your financial situation, you might be able to
    pay off all of your debts and achieve debt
    freedom.
  • FAQs
  • What is an acceptable full and final settlement
    offer?
  • Can you negotiate a full and final settlement?

CALL US 07779648018
VISIT NOW www.acmecredit.co.uk
7
Debt Respite Scheme (DRS)
  • A typical breathing space is a 60-day period
    during which no interest or penalties will be
    applied to your eligible debts. This prevents the
    cost of your bills from increasing while you
    request help. Additionally, creditors won't be
    able to contact you or pursue any enforcement
    actions against you, such as letters, debt
    collection, bailiff activities, or legal actions.
  • FAQs
  • How to stop bailiff action?
  • Is it a good idea to consolidate debts?

CALL US 07779648018
VISIT NOW www.acmecredit.co.uk
8
Free Debt Management Advice
  • There are many debt management companies that
    provide many debt repayment options in London,
    but it is important to choose the right debt
    management company. Acme Credit Consultants Ltd.
    can help you get out of debt by negotiating with
    your creditors and assisting you in developing a
    repayment plan.

CALL US 07779648018
VISIT NOW www.acmecredit.co.uk
9
Contact us for free Guidance you can trust, we
can help.
CALL US 07779648018
VISIT NOW www.acmecredit.co.uk
10
(No Transcript)
Write a Comment
User Comments (0)
About PowerShow.com