Compare Serious Debt Solutions
Look up the various Debt Options available (Consolidation, DMP, IVA and Bankruptcy) whic best suit your circumstances.
Which Option is right for you?
| Debt Option: |
Age |
Min Payments |
Min Unsecured Debt Level |
Number Creditors |
Period |
Credit Rating |
Debt Reduction |
Risk to Your Home† |
| Consolidation Loan |
18-75 |
n/a* |
£10,000 |
min 3 |
5-25 yrs |
Unaffected† |
Up to 60%* |
Very Low |
| Debt Management Plan |
18-75 |
£100 p/m |
£5,000 (or Debt will take at least 12 months to repay) |
min 3 |
unlimited* |
Unaffected† |
Up to 70%* |
Low |
| Insolvency (IVA) |
18-75 |
£250 p/m |
£16,000 |
min 3 |
5 yrs (3 in Scotland) |
Insolvency on file for 6 years |
Up to 95%* |
Medium |
| Bankruptcy |
18-75 |
n/a* |
n/a* |
n/a* |
1 yr (can go to 3 yrs) |
Bankruptcy on file for 6 years, also recorded on a public register |
100%* |
High |
| Do NOTHING |
any |
n/a |
n/a |
unlimited |
n/a |
You could be forced into Bankrutpcy† |
0% |
Extremely High |
* Depends on the individual deal arranged with your Debt Counsellor. † Depends on your Credit History prior to undertaking this option.
Complete form top left, or call 0870 112 6234 — speak to trained Debt Counsellors ending Money worries TODAY
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debts secured on it.
Written quotations on request.
MDJ & Partners Ltd, Bluebell Barn, Long Lane, Banham, Norfolk. NR16 2DF
Data Protection: P29148781 | Consumer Credit Licence: 577131
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FSA:
MDJ & Partners Ltd do not issue Debt solutions nor lend monies.
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