A Guide To Professional Debt Advice
A Guide To Professional Debt Advice
If your debt problems seem too big to handle on your own and you feel that you need some help, you should probably seek professional debt advice. This can be obtained from a number of sources for free and in confidence, such as:
In addition to offering advice on how to pay the bills and keep food on the table, these agencies will use a variety of methods for helping you to get debt free, such as putting you on a Debt Management Plan, recommending an Individual Voluntary Agreement (IVA) or even suggesting bankruptcy, depending on the level of debt you are in and the severity of the situation.
With the CAB, you can either visit in person to speak to someone face to face, or they can offer you advice by email. Before you seek professional debt advice, it is a good idea to gather certain information together which can help you to explain your situation when you contact an advisor; for example:
The debts with the largest penalties or that threaten the greatest repercussions should be paid off first; these include fuel arrears, because you can get cut off if you do not pay, council tax arrears, for which you could be sent to prison, and income tax arrears. Lesser serious debts include credit cards, student loans, and money borrowed from friends and family. While it is important not to panic about your debt problems, they should also not be ignored as they will not go away overnight, so seek professional advice and start working your way out of debt today.
For advice on how to get out of debt, click on the link below and fill in our quick form so that a debt specialist can call you back.
For FREE and impartial debt advice, fill in the debt advice enquiry form and a qualified advisor will assess your individual sitaution and call you back to help you work out the best course of action.