1. Get started
Use our easy online debt assistant to see how much debt you could write off.
2. Speak to a debt expert
Talk through all your options with one of our fully trained debt specialists.
3. Choose your plan
Select the right plan for you based on your circumstances and the advice given.
4. Feel like you again
Focus on enjoying life, safe in the knowledge you’re on the road to debt free.
Understand Your Situation
We will ask you about your current situation so we understand what help is right for you.
We'll give you a plan to deal with your debts
You will get tailored plan of action based on your circumstances.
Connecting you to a solution
We only deal with FCA regulated companies.
IVA
The individual voluntary arrangement is a formal agreement between you and your creditors, allowing you to make affordable payments to your debts over a fixed period (usually over five years) with the remaining debt written off at the end. A solution for people with debts over £5,000. An IVA could help you write-off a proportion of your outstanding debts and pay one affordable monthly payment.
DMP
A debt management plan, helps you manage your debts and repay them at a more affordable rate by making reduced monthly payments. A DMP may be a suitable debt solution if you have money left over each month once you’ve paid your priority bills and costs such as rent or mortgage, food and utility bills. Any money left over will go to your creditors.
To learn more about effectively handling your finances and receiving valuable advice on managing debt, you can visit MoneyHelper. This independent service was established to assist individuals in managing their money better.
Are you concerned about being in debt? The burden of debt can be highly distressing and is a prevalent source of anxiety.
Fortunately, you’re not alone, as LAMDUk is here to assist.