Free Guide To Debt Management Plans
When you’re in debt, it can be difficult to know where to turn. You may not know about the types of debt help services available or what solution would suit you best.
But don’t worry – because our team of financial experts have put together a free debt guide for you that will tell you all about the services available, who they are suitable for and how they could help you clear debt.
The first of our debt guides: Baines & Ernst’s Guide to Debt Management Plans provides a clear overview of what a Debt Management Plan is and how it works, plus information on other debt help services including Individual Voluntary Arrangements, Debt Relief Orders, Bankruptcy, Protected Trust Deeds and Sequestration.
How to . . .
We’ve also put together an excellent ‘How to’ section – giving you all the information you need to know on how to manage your financial situations and how to get out of debt!
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… Read more…
How to deal with redundancy
Redundancy is something that happens to other people, right? And as long as you work hard, don’t take any time off sick and are competent, you are safe, correct? Unfortunately, many people across the UK are discovering that no matter how good they are at their job, or how diligent they… Read more…
How to take a step to change your financial situation
When you are struggling with debt it can feel like you’re fighting a losing battle just to keep your head above the water. If you want to help yourself get out of your stressful financial situation then there are some steps that can change the amount of your outgoings every month. Read more…
How to deal with child maintenance debt
Child maintenance debt is considered an unsecured debt as no collateral is given. It is, however, considered a priority debt and one that should not be defaulted on unless a person’s financial circumstances have changed and they absolutely cannot afford the monthly payments… Read more.
How to pay off wedding debts
Most girls dream of a fairytale wedding, yet the costs of staging the big day can mean a less than perfect start to married life. Research by insolvency body, R3, found that it takes the average couple nearly three years to pay for their wedding and with the typical costs more… Read more…
How to cope with divorce and debt repayments
Divorce is never a pleasant process but if the couple have a significant amount of debt it can make things even more protracted and messy. And even once the split is finalised, coping on a reduced income and managing your finances takes careful budgeting, whether you are staying in the house… Read more…
How to manage funeral debts
Losing someone close to you can be a traumatic experience but if there isn’t enough money in the estate to pay for funeral costs it can lead to difficult decisions. No-one likes to think of their loved ones not having the send off they deserve and arranging a fitting memorial is… Read more…
How to manage debts while on maternity leave
Having a baby is one of the most exciting times in your life but if you are struggling with debts, the prospect of being on maternity leave and suffering a drop in income, can be a real worry… Read more…
How to find a good debt management company
According to Credit Action – the National Money Education Charity – at the end of August 2012, the average household debt stood at more than £55,000 and the total amount of personal debt across the UK standing at an eye-watering £1.458 trillion, it’s not difficult to see why there are… Read more…
How to claim pension fuel allowance
If you’re about to retire, you’ll be very aware that every penny counts. Make sure you know what you’re entitled to and how to get it – especially when it comes to pension fuel allowance… Read more.
