Write Off Up to 80%* of Your Debts
UK residents can for debt relief schemes such as IVA's, Debt Relief Order's and Debt Management Plans. Take a quick debt test to find out what debt solution you qualify for and understand the pros and cons.
How It Works
1
Take The Debt Quiz
Asks for basic information regarding your situation.
2
Assessed by Advisor
An expert advisor reviews your answers to find the best debt solution.
3
Advisor Calls You
The advisor will call and explain the solution in detail. Including pro's & cons.
4
You Choose to Proceed
At this point you can choose to proceed or not. You are under no obligation and all initial advice is free and impartial.
How We Can Help You
There are three approved debt solutions currently available in the UK.
Debt Management Plan
A Debt Management Plan (DMP) is an informal arrangement to repay non-priority debts at an affordable rate, negotiated with creditors, helping you regain control without legal action but without guaranteed debt write-off.
Debt Relief Order
A Debt Relief Order (DRO) is a low-cost, government-backed solution to write off debts up to £30,000 after 12 months, for those with minimal income, assets, and no better alternatives. It offers a fresh start.
IVA
An Individual Voluntary Arrangement (IVA) is a formal agreement to repay a portion of your debts over time, typically 5-6 years, protecting you from creditor action and potentially writing off remaining debts upon completion.
How Your Debts Can Be Cleared.
After your initial advice, should you qualify you will have the option to choose a debt solution. During this process a claim will be put forward to explain to your creditors why you cannot afford to pay off the full amount. They will agree a figure that can be as high as an 80%* discount. They would then prepare a payment scheme, which is one small affordable amount that goes towards all your debts,
How You Can Take Control of Your Finances
Tailored solutions, expert support, and creditor negotiation give you the tools to manage your debt effectively and stress-free.
Comprehensive Debt Solutions
Offer tailored debt options, including DMPs, DROs, and IVAs, suited to individual circumstances.
Expert Guidance
Work with qualified advisors who provide clear, professional advice every step of the way.
Creditor Negotiation
Handle all communication with creditors to reduce pressure and simplify the process.
Why Choose Us for Your Debt Solution?
Discover the life-changing benefits of debt management plans, designed to relieve stress, reduce payments, and help you achieve financial freedom.
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Peace of MindEliminate constant creditor calls and letters, letting you focus on rebuilding your life. -
Reduced Monthly PaymentsRestructure debt into manageable repayments based on your budget. -
Debt Write-Off OpportunitiesPotentially write off unaffordable debts, leaving you free to start fresh. -
Protection from Legal ActionOptions like IVAs and DROs can safeguard you from court proceedings. -
Improved Financial ClarityGain a clear understanding of your finances and a realistic path to debt freedom. -
No Upfront FeesAccess help and advice without worrying about immediate costs (if applicable).
Your monthly repayments:
Before an IVA
After an IVA
£748
£299
Total contractual repayments
Total contractual repayments
Reduced by
60%
Find out for FREE what debt help is available to you
Subject to creditor acceptance. Payment subject to individual circumstances. Credit Rating may be affected. Fees apply, subject to individuals circumstances.
An IVA can significantly reduce your monthly debt repayments. Giving you more financial freedom. Furthermore a large portion of the total debt can be written off.
IVA SOLUTION
An Example of Debt Relief
What People Are Saying About The Service
Reviews from Pennyplan Ltd
The whole team are amazing! I was once very depressed and felt helpless with my financial problems, but these guys never let me down. There’s no judgement about your personal circumstances – they truly take the time to listen and help. Being in debt is never easy to escape from, and I was losing my mind. Thank you all, and God bless you. Please don’t stop helping those who genuinely need guidance and assistance. Amazing people – Godspeed! 🙏
Extremely professional and genuinely caring, I am very happy that I made the call and now have a plan in place and peace of mind. From the first contact to the signing of the agreement it was straight forward and simple plus the staff really are exceptional in the way they listen and understand’ I couldn’t have asked for a better company.
If you’re struggling with any kind of financial difficulties, I cannot recommend getting in touch enough. Made organising my situation and setting up a plan seem effortless. For over a decade, I kept my money worries to myself, hiding them from friends and family. But with just one phone call to Leah, I laid it all bare without hesitation. Nothing shocked her, and everything felt solvable. I’m forever grateful I stumbled across this company – I no longer have to face my money worries alone. Highly recommended
I was hesitant about applying for an IVA, but my mind was put at ease during the very first call. The entire process was explained to me with genuine care and understanding, and I never felt judged. Everyone I’ve spoken to has been incredibly polite and knowledgeable. Since being accepted for the IVA, my mental health has improved so much, and I no longer worry about how I’ll put food on the table each week. Thank you so much for your excellent service!
Offered insightful, professional and empathetic support throughout my insolvency. Declan in particular was friendly, personable and knowledgeable, and a massive help throughout the process. They offer a no pressure service and allow you to make the best decision for yourself. I highly recommend these guys for anyone struggling with debt.
Brilliant service – so friendly and professional. Leah is an absolute credit to the company! She put me at ease throughout the entire process. And having a counsellor within the company? Absolutely genius! Thank you so, so much!!
Contact Us
Feel free to write and call us. We really love to communicate with our clients.
Meadowbank House, Meadowbank Business Park, Oldham, OL9 8EH
