Debts in the News
Bundling to help those who may have debt?
Those looking to become debt free could aid their situation by bundling their broadband service with digital TV and a home phone. [more...]

Debt problems facing Jobseeker's Allowance claimants
Jobseeker's Allowance claimants have debts averaging in excess of £15,000 and owe money to five different creditors. [more...]

Back-to-school costs to add to debt woe?
Individuals who are already struggling to clear their debts may be pushed over the edge by the cost of their kids returning to school. [more...]

Those looking to reduce debt 'need to work hard'
People are beginning to realise they need to work hard if they want to end up debt free, one expert has claimed. [more...]

Surrey Debt Management and Debt Consolidation

Surrey Debt Management and Debt Consolidation

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Abacus offer UK Residents Advice on Debt in Surrey including Ascot, Bagshot, Camberley, Chessington, Cobham, Crawley, Croyden, Dorking, East Horsley, East Molesey, Egham, Epsom Downs, Esher, Farnham, Frimley, Frimley Green, Gatwick, Godalming, Guildford, Haslemere, Hindhead, Horley, Leatherhead, Lingfield, Morden, Ottershaw, Redhill, Reigate, Richmond, Richmond on Thames, Shepperton, South Croydon, Staines, Sutton, Tadworth, Walton on Thames, Weybridge and Woking.

Ways we can help»

Surrey 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 Surrey 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 Surrey as to their best option. more »


Repossession Help in Surrey

Abacus have call help homeonwers in Surrey 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 »

Most Recent Cast Study:-

£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

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 affect my credit rating ?

Because coming on the plan will result in your not making contracted repayments on your unsecured debts, you should expect that your credit rating to be adversely affected. However, your credit rating may already be poor if you have arrears or a history of missed or late payments. Long term, the only way to fix bad credit is to repay your debts, which is what the debt management plan is design to achieve.

2. Must creditors accept reduced payment offers ?

Legally, creditors don't have to accept offers of repayment below the contracted minimum. However, they know it is pointless demanding money from someone who simple can't afford it. In our experience they will accept reduced repayments where we are able to demonstrate your offer is reasonable and that you are committed to repay your debts by use of a debt management company such as ourselves.

3. One of my Creditor say they are going to send a bailiff round to collect their money, can they do this?

Certainly not. A bailiff can only be instructed and sent by a County Court or Sheriffs office. This means a bailiff can only call if you default on a court order. A debt collector may try to trick you by saying, “if you don’t pay this bill, we could send a bailiff round” this is not true unless you have defaulted on an earlier court order.

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