Debts in the News
The National Lottery – it won't be you!
It’s a mugs game and called by some, a tax on the poor. [more...]

Sharp Rise in Repossessions.
Repossessions were up 40% in the first three months of 2008, compared to the previous year – and things look set to get worse. [more...]

Taking a Packed Lunch Can Save £5 per day.
There are sandwich shops opening up everywhere. Do the maths - its easy to see why. [more...]

Number Of People Going Bust On The Decrease
The number of people declared insolvent in England and Wales fell slightly in the 2nd quarter of 2008. Being declared insolvent mean become bankrupt or entering into an IVA. [more...]

Free Debt Help UK

Free Debt Help UK

debt management advice

Reduce Loan Repayments

debt help uk

Free Consultation

free debt advice

No Obligation


Submit the Instant Advice form for a priority phone call back.

Abacus offers a complete debt management service and will advise you of all your options. A call to our advisors is FREE of charge.

If you are in serious debt and are unable to deal with your financial situation, you may need our help and advice. We help people every day find a way out of their debt problems.

We will negotiate with your creditors to help reduce your monthly payments by up to 75%. Apply now and we can help to reducing your outgoings within days.

We will find a comfortable payment for you, giving you just one cheque to write each month. Once we receive your payment, it will be dispersed to your creditors. Key points of out service are:-

Debt problems can be a burden. You may be considering bankruptcy as the only solution. Bankruptcy, however, leaves a long-lasting mark on your credit report.

You may be able to obtain an secured debt consolidation loan for this purpose from your bank or building society. The disadvantage of this is that your home is "secured" against the loan and you will lose it should you not be able to keep you with the payments.

Some debts are more important than others. The law allows different creditors different ways of getting their money back. If you bury your head, some creditors could do any of the following:

These are the types of debts you could have problems with:

Type of debt Action taken against you
Second mortgage Repossession
Income tax, National Insurance, VAT arrears Distraint/Bankruptcy
Council tax/Community Charge Distraint/imprisonment
TV Licence Fine/Distraint/Imprisonment
Water rates Cut off
Gas/Electric Cut off
Magistrates court fines Distraint/imprisonment
Unpaid Fines Distraint/imprisonment
Maintenance Arrears Distraint/imprisonment
Hire purchase (Essential items) Repossession of goods

 

All the above are priority creditors and under no circumstances should you ignore them. It is important you use your available money to pay these creditors first. Do not pay your secondary creditors until you have reached an agreement with all of the above where applicable.

Secondary creditors include:

Debt Help and Advice

We offer a complete service and will advise you of all your options so, for a quick and effective answer to your debt problems, contact us with by the Apply Now Form for by Phone. We'll call you back for FREE help.

Debt Consolidation

The principle behind Debt consolidation loans is fairly simple - you borrow a large lump sum to repay your creditors and are then left with one creditor and one monthly repayment.

article keywords: Debt, Consolidation, Loans, uk, consilidation, laons, consolodation lones, consoladation, lone, laon, consoldation, consoliation, debtfree consilodation, consiladation, consiladate, consolodate, consilidate, consolidate, consoladate, consilodate, Debt Con.

If you find that you are unable to meet your monthly repayments to your creditors, one option is to apply for a debt consolidation loan.

Monthly repayments may be lower than the sum you are currently paying, however, you may continue making repayments for a much longer period.

Before you consider taking out a debt consolidation loan you should consider the following:-

1. As there are sometimes charges and penalties for early completion of a credit agreement always ensure you obtain a settlement figure from your existing lenders rather than a balance. Otherwise you could find you have not borrowed enough to repay your other debts in full.

2. Once you know exactly how much you owe and what the cost of your debt consolidation loan will be, you must take time to work out a realistic income and expenditure figure to establish whether or not you can afford the new payments. Remember to include an amount for contingencies and emergencies. If the sums still do not add up, then perhaps you should consider some form of debt management plan.

Types of loan available

The way in which debt consolidation loans operate varies.

Pros of a debt consolidation loan

Cons of a debt consolidation loan

If you are considering a loan to consolidate your debt problems, or would just like more information, contact one of our advisors today for advice on the total spectrum of debt solutions that may be applicable to your situation.

Can't find what you're looking for here ? Try:-

Bankruptcy Alternatives
Debts over £15K ? An IVA maybe the solution for you. upto 70% of all Debts written off.

Bad Credit Loans

Specialists in helping UK residents who have been refused a loan elsewhere.

Home Owner Loans UK
Experts in finding UK Homeowners the best Secured Loan or Remortgage.

See Also Abacus Debt Advice- Debt Managment

Free Debt Help, Repossession, Bankruptcy, FREE consultation, Free Advice

Get Free Advice
your name
your phone No.
your 2nd phone No.
your email address.
house No.& Postcode
  
level of debt
best time to phone
We'll call you back for a free consultation on solutions to solve your financial problems.