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Currently
in the
UK
there is personal debt of £1.26 trillion, in fact the
UK
has the largest personal debt mountain in
Europe
.
So
take heart that means many people like you are in the same
situation and therefore you are not alone.
So
what do you do now?
Where
do I get immediate help?
By
completing an enquiry form and requesting our help, then our
team at Debt Monkeys and our associates can work with you to
assess your best way forward in solving your debt problems.
It's
possible under current legislation recently introduced under the
1986 Insolvency Act to write off between 50% and 70% of your debts using
an individual voluntary arrangement (IVA) which means that the
interest on your unsecured debts is frozen and in some cases an
element is written off. The balance then becomes repayable
usually over 60 months then you become debt free. This can apply
in
England
and
Wales
to both tenants and Home owners alike. In
Scotland
the law is slightly different allowing the use of Trust Deeds
which we can also assist with at
Debt Monkeys.
By
contacting us you are taking the very first step, responsibility
for your situation and experts agree that once you take
responsibility then you are on the first steps to taking back
control.
To
see what we can offer click here.
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