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Hamshire Debt Management and Debt Consolidation
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Abacus offer UK Residents Advice on Debt in Hamshire including New Milton, New Milton, Aldershot, Alton, Andover, Basingstoke, Beaulieu, Bonchurch, Botley, Brockenhurst, Cadnam, Eastleigh, Fareham, Farnborough, Fordingbridge, Gosport, Hants, Hartley Wintney, Hayling Island, Hilsea, Hook, Isle of Wight, Lee on Solent, Liphook, Lymington, Lyndhurst, Milford on Sea, New Forest, Ower, Petersfield, Plymouth, Portsmouth, Ringwood, Ringwood, Romsey, Southampton, Southsea, Stockbridge, Tadley, Winchester and Woodlands.
Ways we can help»
Hamshire Debt Management
Debt Management can reduce your monthly repayments by up to 70%. All existing credit cards, loans and other problem debts are consolidated into one lower monthly payment. Submit the Instant Advice form and we'll explain how you may be able to pay back less than you owe, but still clear all your debts. more »
Debt Consolidation Loans
Refused a Loans ? We can help people in Hamshire find a secured or unsecured debt consolidation loan. Even if you have bad credit, a County Court Judgment (CCJ) or have bad credit and been declined a loan already, we can help. We specialise in Debt Consolidation solutions of all types, offering free debt advice to residents of Hamshire as to their best option. more »
Repossession Help in Hamshire
Abacus have call help homeonwers in Hamshire avoid repossessions. We can help if you are a homeowner with mortgage arrears, council tenant or with a housing association. It's never too late to get help. more »
Bankruptcy Advice & IVAs
Avoid Bankruptcy. An IVA may be the solution. This is a legal process offering an alternative to bankruptcy to those with unsecured credit repayments they can't afford. Become debt free in 60 months with up to 70% of all debts written off. Impartial advice, free consulation. more »
Debt Help Information & Guides
A series of informative articles to help and advise UK Citizens who are experiencing financial problems. more »
"We can be managing all your debts within 24 hours"
Debt Management Examples
Our database of real debt managament case studies shows how debt management helps people with wide range of financial and personal circumstances.
View Debt Management Case Studies »
£58,000 of debt - but can't do an IVA.
| Debt: £58,000 | Was paying: £1267/month |
| Now paying: £300/month | |
| Client has £200,000 equity in his home & unsecured debts of £58,000.
His assets are more than his debts, but he can't pay 11 creditors from a monthly income of £1,060. An IVA is not possible as his creditors would never agreed to forgive any debt when he could repay them in full by selling his property. The client does not want to remortage as he has recently become self employed and does not want to risk his home if that does not go to plan. Debt management will never pay off this debt, but it gives our client some respite from his creditors while he focuses on building his business without the fear or court action or losing his home. static link to this case study: DMCaseStudy100.asp |
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Debt Management FAQ
Got a question about our debt management service?
View Debt Management FAQ »
3 Random Q&A's from the database:-
1. Will the plan prevent my creditors taking further recovery action?
We cannot guarantee that your creditors will not take further action, including court action to recover debts from you but. If they do, we will help you respond so that any repayment that is required is within your ability to repay.2. How much will my debt management payments be ?
It depends on your ability to pay based on your income and essential outgoings, not the total debt or current repayment levels. We agree with your creditors a reasonable amount you can afford allowing for some left over for emergencies. Minimum payments are £100 per month or £25 per week.3. Why would anyone with debts over £15,000 do debt management when they could write off debt with an IVA?
Not only do you need more substancial debt for an IVA, you have to be techncially insolvent, meaning your assets must be worth less than your debts. If you have equity in property, that is taken into consideration by your creditors when considering your IVA propsal. Normally you would be expect to remortgage at some point of the IVA period to raise funds to pay into the IVA.[Leeds] [Gloucestershire] [Norfolk] [Shropshire] [Lincolnshire] [Glasgow] [Berkshire] [Essex] [Suffolk] [Belfast] [Somerset] [Kingston upon Hull] [Manchester] [Northhamptonshire] [Cleveland] [Gwent] [West Midlands] [Stoke-on-Trent] [Hereford and Worcester] [Merseyside] [Cumbria] [Isle Of Man] [Derby] [Tyne and Wear] [Leicester] Debt Management New Milton, Debt Management New Milton, Debt Management Aldershot, Debt Management Alton, Debt Management Andover, Debt Management Basingstoke, Debt Management Beaulieu, Debt Management Bonchurch, Debt Management Botley, Debt Management Brockenhurst, Debt Management Cadnam, Debt Management Eastleigh, Debt Management Fareham, Debt Management Farnborough, Debt Management Fordingbridge, Debt Management Gosport, Debt Management Hants, Debt Management Hartley Wintney, Debt Management Hayling Island, Debt Management Hilsea, Debt Management Hook, Debt Management Isle of Wight, Debt Management Lee on Solent, Debt Management Liphook, Debt Management Lymington, Debt Management Lyndhurst, Debt Management Milford on Sea, Debt Management New Forest, Debt Management Ower, Debt Management Petersfield, Debt Management Plymouth, Debt Management Portsmouth, Debt Management Ringwood, Debt Management Ringwood, Debt Management Romsey, Debt Management Southampton, Debt Management Southsea, Debt Management Stockbridge, Debt Management Tadley, Debt Management Winchester, Debt Management Woodlands,