We only provide information on what are the options available it would then be down on your self what ever solution you felt was more suited based on your circumstances.

Bank Ruptcy Pro's Quickest way to get out of the debt Legally binding. Can do this them self Con's Can be costly, around £680 Some occupations can be effected Credit Rating will be affected Loss of controls of assets Debt Management Plan Pro's Consolidates all your debts into one monthly payment Payments are reduced based on affordability Debt management company will negotiate with your creditors on your behalf Client may be able to retain assets Con's Pay back the full debt level, plus any interest and charges that may occur. Unable to deal with priority debt such as HMRC debts, rent arrears and court fines Creditors can take action against you at any point as this is not legally binding solution Will affect credit rating. No fixed period of repayment. Individual Voluntary Arrangement/ Protected Trustdeeds Pro's Consolidates all your debts into one payment Percentage of the debt written off Legally binding arrangement between you your creditors Guaranteed end date Creditors are not allowed to contact you again once you are in the plan Con's Impact on your credit score for 6 years Recorded on a public register Not allowed further loans, credit cards or further debt (As you are trying to come out of the use of credit) – CAN STILL GET, CAR INSURANCE, REMORTGAGE, MOBILE PHONE CONTRACTS, INSRUANCE. Fees paid to insolvency practioner Some occupations can be affected. A minimum of 75% of creditors that respond have to agree to the proposal Debt Relief Order Pro's One affordable payment of £90 Legally binding agreement protection from creditors Can’t owe more than £30,000 (£20,000 or less in Northern Ireland) Con's Must not have had a DRO in the last 6 years Plan is income dependent Can’t apply if homeowner Credit rating affected.

Entering into an most solutions can impact your credit rating however the our expert partners will be able to advise you further on this.

In most cases entering into an debt solution will not affect employment. However some for some professions having and depending on the solution may mean that you can no longer practice or you may only be able to practice under certain conditions. This will be explained by our expert partners whom we refer you to.

Depending on the solution you have chosen will then determine if the creditors can still contact you.

We offer debt options according to your situation and we let you make an educated decision with what ever plan you feel may be best for you. IVA/ TD DMP DRO BANKRUPTCY

Any fee's would only apply if you decided to move forward with applicable solutions - in which case all fee's associated with the solution would be clearly laid out by your expert advisor.