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71 % Average approved debt write off for our customers*

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  • All initial advice is FREE and confidential
  • One lower monthly payment
  • Interest and charges frozen
  • Legal protection from lender calls and harassment
May not be suitable in all circumstances. Your credit rating may be affected.
If approved fees may apply. Click here to find out more.

* Of the people that we helped in 2023, assuming their IVAs or Trust Deeds conclude successfully

Our numbers speak for themselves

42966 Debt help enquires**
£ 3216763 Total debt approved to be written off ‡
71 % Average approved debt write off for our customers ‡

** During 1st Jan to 19th Decembember 2023, data analysed

‡ Of the people that we helped in 2023, assuming their IVAs or Trust Deeds conclude successfully


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    For more help and advice, visit the Money Helper, an independent service set up to help people manage their money. Or find out more about the different options for paying off your debt here. IVAs are only available in England, Wales and Northern Ireland. Protected Trust Deeds are available in Scotland.

    Our customers speak for us

    Our customers speak about their experience

    We have their specific permission to use their story & figures, and we have changed their name to protect their privacy.

    Lynn contacted Debt Solvo for help on the 16th of June 2021
    See below how we’ve managed to help

    UNSECURED DEBT AMOUNTS
    Personal Loans
    £15,023.42
    Credit Cards
    £15,684.00
    Store Cards
    £1,530.00
    Catalogue
    £734.00
    Total Owed
    £32,971.42
    Before our help

    Total debt level

    32,971.42

    Monthly payment

    £595.00

    With our help

    Debt reduced to

    5350.00

    Monthly payment reduced to

    £150.00

    Debt written off

    83%

    Here is what Lynn had to say

    Debt is one of the worst taboo subjects. It took me years to face up to mine and months to contact Debt Solvo. My only regret is not doing it sooner. I shook the whole way through the telephone call with Hayley but she was so kind and non-judgemental. She was the first and only person I have admitted to how bad things were in my life. She took me through all the options and supported me in my decision. A great weight was lifted from me and I only had to provide the information needed. Hayley and Adam took care of everything else. The night I spoke to Hayley was the best night’s sleep I had in ages. I cannot recommend this company and it’s staff highly enough.

    Lynn

    Debt Solution Process

    1
    We listen

    Contact our dedicated team of experts for honest and impartial information

    2
    We explain

    Make an informed decision about the best Debt Solution for your circumstances

    3
    You decide

    Move forward with a plan built for your journey back to financial stability

    Debt Solutions

    Debt Arrangement Schemes

    Debt Respite Scheme “Breathing Space”

    As long as you live in England or Wales, this scheme is available to provide you with temporary protection for up to 60 days.
    Individual Voluntary Agreements

    Individual Voluntary Arrangements

    Debt repayments can be reduced and written off over a new term thanks to this structured debt solution.

    Debt Management Plans

    Debt Management Plan

    Debt Management Plans give you a structured route our of debt, with support from our team of experts.
    Bankruptcy

    Bankruptcy

    Taking this step in a controlled way can give you a new route out of financial insecurity.
    Speak to an advisor

    Frequently Asked Questions

    What types of debt are covered by your solutions?

    At Debt Solvo we are experienced in dealing with a wide range of debt solutions which are used to combat out of control unsecured debt. Examples of unsecured debts are credit cards, council tax, store cards or personal and payday loans. Our expert advisors will be on hand to share their wealth of experience with you and deal with any confusion you may have about what type your debts are, whether they may be included in your debts solution and which debt recovery option is best for you. We will also make sure you are aware of how different plans for repayment will impact the total amount you owe, and what effects your solution will have on your financial future.

    All initial consultation is free and confidential and you are under no obligation. If you qualify for debt help, your monthly repayments will be reduced to an amount that you can comfortably afford and that are acceptable to those people that you owe money to. Fees are only charged if you enter into a financial solution and your provider will confirm the associated costs within their terms and conditions. But it’s all built into the monthly amount that you pay.

    There is a simple reason for this. The potential debt solutions which are available really are life changing, but it's not a one size fits all. It's important we understand your situation properly to be able to give you the best service and get that weight off your shoulders for good.

    What we can promise is that this is in complete confidence, it doesn't take long and is really simple. We literally speak to thousands of people in the same if not worse situation as you, so you won't be telling us anything that we haven't heard lots of times before.

    Our advisors are all UK based (Manchester actually) and are very friendly and helpful.
    They are trained so that they ask the questions that we need the answers for in order to help you the best we can. It means that we know that we have met our obligations to you in a friendly, non-judgmental way.

    That depends on what method of debt solution you ultimately choose, what levels of your debt are and what you are able to afford to re-pay. The answers to these questions are as unique as you are.

    But, if an IVA is selected, a standard IVA usually lasts for 5 years (60 monthly payments), although it can be completed in as little as 12 months if you can propose a lump sum payment to settle your debts.

    If you are a homeowner with equity, this will be reviewed in the final year of your IVA. You may be required to introduce some of your share of the equity into the agreement. If this is not possible then your IVA could be extended for up to another year. This will all be explained in detail prior to applying for an IVA.

    Are you struggling with any of the following debts?

    Outstanding Debt
    Hire Purchase Agreement
    Payday Loans
    Overdrafts
    Catalogue
    Credit Card
    Store Cards
    Bank Loans
    Find My Solution

    Here are just a handful of the thousands of creditors we deal with

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