Do you ever find yourself asking if you’ve made the right decision on how to spend your money? Don’t worry, you’re not alone. Prioritising your spending can be hard, but done right, prioritisation can literally pay off.
If you have debt that’s making it more difficult to pay your bills, then it’s really important that you get free and confidential debt advice as soon as possible.
We can take a look at these debts and give free, practical debt advice and solutions on how best to pay these debts while staying on top of your most important living expenses.
Bankruptcy is a legal proceeding involving a person who is unable to repay their outstanding debts. It allows individuals freedom from their debts, whilst simultaneously providing creditors an opportunity for repayment.
Becoming bankrupt is a very serious matter and is something that our Money Advisers have years of experience dealing with.
Bankruptcy is often the last option a Money Adviser will explore, there are many ways in which they can help you before it comes to this, but rest assured, if this is the only option for you then you are in good hands!
Debt Arrangement Scheme (DAS)
Have you got multiple debts that you are struggling to pay back? Do you ever worry that you won’t be debt free?
The Debt Arrangement Scheme allows you to pay back your debts through a Government approved debt payment programme. Our expertly trained Money Advisers can assist you with a DAS and this short self-help video should give you a good understanding of how the scheme works.
If you think that you would benefit from a DAS then please get in touch with our Money Advice Team to see if you meet the criteria.
What to expect from a Money Advice Appointment
We know that for some people it can be a daunting experience coming in for a money advice appointment. There can be a lot of worry around the outcome of the appointment and if the advisers will be able to help.
This short video will help you understand what you can expect when coming in to a money advice appointment and hopefully will take away any uncertainty you have prior to the meeting.
The more prepared you are, the more likely we will find the best debt remedy option for you!
Have you ever wondered how creditors make their decision on whether or not they will award you credit? This short help video should answer any questions you may have as well as making you aware of your rights when it comes to obtaining credit.
Opening a Basic Bank Account
If you have debts with your current bank then you may have to consider opening a new account with a different bank. This then means your income is safe and you can then get help from our Money Advice Team to deal with your debts.
This self-help video will help you understand why you may need to open a new basic bank account and how you can do this