The country has gone though major financial changes in recent years with alterations to lending procedures, rises in interest rates and increases in general household expenses leading people deeper into debt.
Every day we talk to people who are struggling to repay their debts as they try to meet basic living costs. And every day we offer advice on how they could manage and eventually clear debt.
Why Baines & Ernst?
At Baines & Ernst, we understand debt is personal, that’s why we never offer a one-size-fits-all kind of service.
We take the time to listen to our clients and learn about their current situation. Only with this knowledge can we provide a full evaluation and offer advice on suitable debt solutions. Our commitment to service means we have helped over 100,000 people and have managed debts totalling £1 billion – making us one of the most trusted debt providers in the UK.
As members of DEMSA, we follow their Code of Conduct as approved by the OFT, to ensure our customers receive the highest standards of service.
We were also announced winners of the Debt Management Provider of the Year at the Insolvency and Rescue Awards 2010, and finalists in 2011.
In our debt help and advice section you’ll find useful information on the ways we could help you and key information on how to get out of debt. So have a look around and if you have any specific questions you’d like to talk to us about directly, please don’t hesitate to get in touch.
What debt solutions are available?
When you’re in debt, it’s easy to feel like you’re going through it alone – but you must remember that there are thousands of people in the same position as you and many of them are solving their problems through effective solutions provided by us. To help you get back on...
Find Out More ->Income & Expenditure
Baines & Ernst Income and Expenditure Form If you’re struggling to repay the companies you owe money to but want to get out of debt, it’s important you start with the basics and calculate your income against your outgoings. By doing this you’ll be able to work out how much you can...
Find Out More ->Top 10 Debt Management Tips
If you are struggling with your finances it can be a worrying time and there may seem to be no end to the cycle of debt. Fortunately, however, there are ways that you can start to take control. The following tips should help: Work out your budget using our income and...
Find Out More ->Compare available debt solutions
Many people struggling with debt think that their only way out of debt is to file for Bankruptcy – but that’s not always the case! Finding the best solution for you depends entirely on your personal situation. Here you’ll find key information on each of the solutions we offer, but if...
Find Out More ->How to get out of debt
When you’re in debt it can sometimes be hard to imagine an end to the financial stress you’re dealing with. The recession combined with inflation rates and sky-rocketing prices on general living costs have only contributed to the nation’s financial woes – making it harder for people to manage debts alone. At...
Find Out More ->How to consolidate debts
Debt consolidation basically means that you are combining your debts into one manageable repayment as opposed to several separate bills. For example, a Debt Management Plan is an excellent way to consolidate your debts because you only pay one amount every month which is then distributed between your creditors. At Baines...
Find Out More ->Clear credit card debt & consolidation loans
In recent years credit cards have been a popular form of credit for many people. However, they have also played a pivotal role in debt escalation in the UK. Relatively easy to obtain, credit cards provide instant access to extra cash, not to mention the temptation to spend beyond our...
Find Out More ->What is Debt Settlement?
A Settlement is a financial solution that allows you to repay unsecured debts in one reduced payment. This means you can repay and clear your unsecured debts immediately, as opposed to entering into a Debt Management Plan or Individual Voluntary Arrangement. A Settlement arrangement depends on your personal circumstances and is...
Find Out More ->How to write off debt
If you feel out of control when it comes to debt, you must remember that there are debt solutions available to you. At Baines & Ernst we can help you find the right one to overcome your money worries and avoid your unsecured debts becoming bad debts. Circumstances in which lenders...
Find Out More ->Understanding debt collection
Debt collection basically refers to the practices of specialist debt collection companies. Debts are often referred to debt collectors when creditors want to apply pressure and recoup money that’s owed to them. Debt collection companies acting on behalf of creditors will write letters warning you of the consequences involved if the debts...
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