Debt Management

Debt Management companies are there to help when your debts seem to have reached uncontrollable levels. Your work circumstances can change at any time leading to a sudden difficulty in keeping up with credit payments or bills. What may have once seemed an easy in- and outgoing financial situation can suddenly be hard to manage.

Debt Management can come to the rescue especially when creditors begin to threaten legal action. Rather than live in fear or put your head in the sand, look the option. A Debt Management service will carry out a full means test or audit based on your individual circumstances. This allows them to assess how much you can actually pay off each month for your debts.

Your creditors or debtors will be contacted by the Debt Management service so you needn’t fear them. Most importantly, it aids your credit history if you actively seek ways to pay off your debts. A Debt Management company can help you to find a way to deal with them which is fair to both you — and those to whom you owe money.

Company	Debt Options	Min Debt	Min Monthly Income	Write Off Options	ID Required	More Info
Debt Checkup	IVA / Debt Management / Consolidation Loans	£15000	N/A	60-70% on IVA	See Website for free Enquiry.
	Debt Checkup offer a number of different routes towards solving your debt problems - including debt management, IVA and Consolidation loans. They will check hundreds of different options to provide you with the best solution. In short options are as follows: IVA: Pay 75% back - Become debt free in 5 years; Debt Management Plan - 1 affordable monthly payment - Freeze interest rates; Debt Consolidation Loan - Merge all your debts into one.
ClearDebt123	Debt Management / IVA	5,000	50	Up to 70%	ID may be required
	ClearDebt123 provide trusted debt relief solutions - both Debt Management and IVAs are offered. This UK-based company claims to help you write off up to 70% of your debts. Apply via an easy online form. Both homeowners and tenants are eligible.
Relax Finance - The Debt Counsellors	IVA/Debt Management	£12,000 for IVA	N/A	Not stated	ID may be required
	The Debt Counsellors offer debt help for people who are in severe debts - they offer free information sheets which help you to find a debt solution. They offer debt managament, IVA, refinancing, trust deeds (Scotland only) and bankruptcy.
Solve My Debt	IVA/Debt Management	£15000	N/A	Up to 70%	You may be required to produce wage slips and creditor letters
	Solvemydebt.co.uk specialise in debt management plans. They will distribute your monthly payments to your creditors - on your behalf. Solve My Debt can also arrange IVAs. Solve My Debts offer free no obligation debt advice - homeowners and tenants welcome.
Debts.tv	IVA / Debt Management / Consolidation Loans	£15000	£100	Situation dependant	See Website for free Enquiry
	Debts.tv offer 3 types of debt solution projects - IVAs, Debt Management programmes, and Debt Consolidation loans. Just enter your information on the application form online and Debts.tv will suggest to you the best option.
Debt Fixers	IVA / Debt Management	£0	£50	60-70% Depending on arrangement	Apply online for more information.
	DebtFixers offer IVA and Debt Management products - enter the quick online form and an advisor will advise of the best couirse of action.
Debt Plan	Debt plans	N/A	N/A	Not stated	May be required to provide full ID
	DEBTPLAN Direct are commited to sorting your debts without a loan - pay what you can afford. Reduce and Consolidate debts to just one affordable monthly payment, claim back Unfair Bank, Credit Card and Payment Protection Insurance (PPI) charges on a "No Win No Fee" basis,Stop or reduce interest, charges and harassment from your creditors.
Action Today	IVA / Debt Management / Consolidation Loans	£15000	N/A	N/A	Not stated
	Action Today is an independent debt management company registered with the Office of Fair Trading. Professional guidance, practical assistance and honest methods.
Trapped.co.uk	Debt Management / IVA	1500	N/A	Up to 70%	Be prepared to provide lots of ID and information
	Trapped.co.uk offer Debt Management, IVAs and Trust Deeds (Scotland) for people with mounting debts. Apply online for a free calculation of how Trapped.co.uk could help you.