Debt Advice

Debt Advice Line

Our debt advice is straight forward, based on your own needs not on creditors’ requirements. The stated aim of ClearStart is to provide debt help to individuals to reduce their monthly repayment, freeze the interest on their loan and take control of their debts, rather than continuing to live with them. We will never make judgments about how or why your debts arose and you are welcome to ask any questions you might have.

Debt Advice & Help – Answer to debt problems

Dealing with a debt problem is something you will probably do just once in a lifetime. The debt solutions are new to almost everyone when they first seek debt advice. You also have to contend with a lot of industry jargon. It is therefore important that you contact our debt advice line and discuss your situation with one of our specialist debt advisors.

There are just three key things we need to consider when deciding on the best debt solution for your own particular circumstances:

1. How much do you owe on credit cards and unsecured loans?
2. How much do you earn each month?
3. How much do you need to live on?

The first two of these are simple statements of fact. The third depends on what you tell us about your situation. ClearStart will always give you honest debt advice on whether or not your lenders will consider your requested living costs to be reasonable.

Debt Advice Helpline for debt solutions

Once we have the answers to each of the three questions above, we can quickly advice you about what debt solutions are available to you to help you address your debt and to get started right away.

Depending on your financial situation we might suggest an Individual Voluntary Arrangement (IVA), a Debt Management Plan or simply some fresh ideas on how to improve your situation and get out of debt problem. In each case our debt helpline provide debt advice and help for all of your choices.

Individual Voluntary Arrangement (IVA)
For people facing serious debt problems, the Individual Voluntary Arrangement (IVA) is often an effective debt solution because it eliminates debt, rather than just helping you to live with it. IVAs are provided on identical terms by all debt solution providers, including charities.

Debt Management Plans
A well run Debt Management Plan can work for many people, as long as the payments are set at a sensible level. ClearStart can provide you with the no fee Debt Management Plan.

Bankruptcy
This is a last resort, with far more serious consequences for your future than an IVA or Debt Management Plan. Wherever possible, ClearStart debt advice will try to ensure a successful debt solution to get you out of debt problems instead of bankruptcy.