Debt Solutions Helpline

Ringback DSH offering free advice for individuals with serious debt problems

Questions	IVA	Bankruptcy	Debt Management/ Debt Reduction Plan	Refinancing
Does it legally protect me from all creditors' harassment and court action?
Is my property protected from creditors forcing a sale in order to introduce equity?
Will this agreement automatically stop all future interest and charges on my debts?
If a creditor doesn't agree to the scheme can they be compelled to do so anyway? *
Will a proportion of my debt be written off?
Is it a private arrangement?
Does it run for a fixed period of time?
If there is a complaint is there a regulatory body that I can turn to? **
Does the arrangement have to be administered by a qualified professional?
Will it affect my credit rating?

* This can only happen if said creditor owns less than 25% of the debt, it is also conditional on 75%
(by value) of all other creditors agreeing to the agreement

** you can refer your complaint to the Financial Ombudsman Service (FOS) HERE

Go to Top of Page

TERMS + CONDITIONS